ResTech

POS ResTech Firm Toast Eyes IPO up to $717M
POS ResTech Firm Toast Eyes IPO up to $717M
September 13, 2021  |  IPO

Boston-based point-of-sale firm Toast Inc., which focuses on restaurant technology, is contemplating a U.S. initial public offering (IPO) of up to $717 million, driving its...

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SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
SpotOn Acquires Enterprise POS Provider Appetize to Expand Ability to Scale 
September 13, 2021  |  Partnerships / Acquisitions

Retail and restaurant point-of-sale (POS) system provider SpotOn has raised $300 million in Series E funding, which will be used to acquire digital and mobile...

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Today in Restaurant and Grocery Tech: Restaurant Aggregators Sue NYC; Kroger Boosts Sales with Personalization
Today in Restaurant and Grocery Tech: Restaurant Aggregators Sue NYC; Kroger Boosts Sales with Personalization
September 10, 2021  |  ResTech

Today in restaurant and grocery tech news, delivery services sue New York City over fee caps, while Kroger drives loyalty with data-informed recommendations. And Ryan...

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Today in Restaurant and Grocery Tech: Chipotle Taps Influencer Expertise; Hy-Vee Supermarkets Showcase Home Gym Equipment
Today in Restaurant and Grocery Tech: Chipotle Taps Influencer Expertise; Hy-Vee Supermarkets Showcase Home Gym...
September 09, 2021  |  ResTech

Today in restaurant and grocery tech news, Chipotle engages with TikTok influencers to build loyalty, while Hy-Vee adds fitness equipment showrooms to stores. Plus, KanduAI...

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With Delta Variant, Restaurant Customers Shift to Own-Device Ordering
With Delta Variant, Restaurant Customers Shift to Own-Device Ordering
August 31, 2021  |  Restaurant innovation

At the start of the summer, restaurants were optimistic. COVID-19 cases were finally low, with newly vaccinated consumers’ pent-up demand combining with usual seasonality to...

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Today in Food Tech: Chicago Cracks Down on Delivery Services; McDonald’s Takes COVID Precautions
Today in Food Tech: Chicago Cracks Down on Delivery Services; McDonald’s Takes COVID Precautions
August 30, 2021  |  ResTech

Today in restaurant and grocery tech news, Chicago sues major third-party delivery services for alleged deceptive practices, and McDonald’s suggests franchisees in high-transmission areas close...

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ResTech Startup Toast Files For $100M IPO At $20B Valuation
ResTech Startup Toast Files For $100M IPO At $20B Valuation
August 27, 2021  |  IPO

The point-of-sale (POS) restaurant technology (ResTech) payments platform Toast is filing for an estimated $100 million initial public offering (IPO) at a rough valuation of...

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Automat-Style Restaurant Expands, Offering Low-Contact, Low-Labor Option To Franchisees
Automat-Style Restaurant Expands, Offering Low-Contact, Low-Labor Option To Franchisees
August 26, 2021  |  Restaurant innovation

Automats are back. After opening its first location in New York City’s East Village in the spring and signing deals to expand along the East...

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Today In Food Tech: Chick-fil-A Struggle Closes Dining Rooms; Clover Integrates With Grubhub
Today In Food Tech: Chick-fil-A Struggle Closes Dining Rooms; Clover Integrates With Grubhub
August 25, 2021  |  ResTech

Today in restaurant and grocery tech news, Sweetgreen invests in automation, and Clover integrates with meal delivery providers. Plus, a major convenience store business is...

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