QSR Automations, a Lousville, KY-based firm offering restaurant know-how options, acquired a majority funding from Battery Ventures.
The quantity of the deal was not disclosed.
This firm intends to make use of the funds to speed up development, improve innovation, and expande its market attain.
Based in 1996, QSR Automationsis gives kitchen automation options and visitor administration companies. Restaurant operators use its signature platform, ConnectSmart®, to to create personalized options and enhance the visitor expertise. It’s utilized in 21 of the nation’s prime 25 informal eating chains.
Alongside the brand new funding, the corporate introduced that Battery Government-in-Residence Robbie Payne, a longtime software-industry government, will develop into the corporate’s new CEO. Angela Leet, who has served as CEO of the corporate since 2021, will stay concerned with the corporate as a board member.
The corporate, which additionally has places of work within the United Kingdom, will proceed to function beneath its current model, with no instant adjustments to its day-to-day operations.
FinSMEs
06/11/2024