What is TouchBistro?
TouchBistro offers an all-in-one cloud-based Point of Sale (POS) and restaurant management system engineered to simplify and enhance restaurant operations. The platform provides essential front-of-house, back-of-house, and guest engagement solutions, all integrated into a single, powerful system. Known for its speed, reliability, and ease of use, TouchBistro empowers restaurateurs to increase sales, elevate the guest experience, and achieve significant savings in time and cost. The company's commitment to innovative technology and exceptional customer support has established it as a global leader in transforming the restaurant industry.
How much funding has TouchBistro raised?
TouchBistro has raised a total of $345.2M across 9 funding rounds:
Angel/Seed
$1.5M
Series A
$6M
Series B
$17M
Series C
$12.1M
Series D
$72M
Series E
$119.2M
Debt
$109M
Angel/Seed (2014): $1.5M supported by Kensington Capital Partners and WaldenVC
Series A (2015): $6M featuring Kensington Capital Partners, JUST EAT, Difference Capital, and Relay Ventures
Series B (2016): $17M backed by Huff Capital, Round13 Capital, Relay Ventures, Kensington Capital Partners, and BDC IT Venture Capital
Series C (2017): $12.1M with participation from Napier Park Global Capital, Relay Ventures, and BDC Venture Capital
Series D (2018): $72M led by Relay Ventures, JPMorgan Chase, OMERS Ventures, Napier Park Global Capital, BDC IT Venture Fund, and Recruit Holdings
Series E (2019): $119.2M supported by RBC Ventures, JPMorgan Chase, OMERS Ventures, Kensington Capital Partners, OMERS Growth Equity, Barclays Bank, BMO Capital Partners, Napier Park Global Capital, and BDC IT Venture Fund
Debt (2022): $109M featuring Francisco Partners
Key Investors in TouchBistro
RBC Ventures
RBC Ventures, the venture capital arm of the Royal Bank of Canada, focuses on fintech, AI, data analytics, and commerce sectors, indicating a strategic interest in financial technology integration.
JPMorgan Chase
JPMorgan Chase, a leading global financial services firm, brings extensive experience in investment banking and financial technology, supporting TouchBistro's enterprise-level growth.
OMERS Ventures
OMERS Ventures, an investment group providing pension plans, likely supports TouchBistro's long-term growth strategy with its focus on scalable technology businesses.
What's next for TouchBistro?
With the recent infusion of $109M in a major strategic investment, TouchBistro is poised for accelerated expansion and further product development. This substantial backing, contributing to its overall $345.2M in capital, suggests a strategic focus on scaling its market reach and enhancing its suite of restaurant management tools. The company's trajectory indicates a strong emphasis on leveraging technology to address the evolving needs of the hospitality sector, likely involving further innovation in areas such as AI-driven insights, enhanced customer loyalty programs, and broader integration capabilities. This capital injection will likely fuel strategic acquisitions or partnerships to solidify its market leadership and extend its global footprint.
See full TouchBistro company page
