Zenchef (formerly known as 1001menus), a Paris, France-based startup for restaurants to create and manage their digital presence, raised €6m in funding.
The round was led by Edenred Capital Partners with participation from new investors XAnge, METRO and existing investors Elaia Partners, L’Accélérateur Capital Partners, Kima Ventures and several angel investors.
The company intends to use the funds to hire more than 35 employees over the following 12 months (with marketing, sales, finance and software engineering positions open) as well as to expand into other countries.
Created in 2011 by CEO Xavier Zeitoun, Thomas Zeitoun and Julien Balmont, Zenchef aims to allow independent restaurant owners to manage digital communication to gain and retain new customers. It is also working on a marketplace of applications dedicated to restaurants, which will be launched in 2016 with a few selected european partners.
The company, which has over 80 employees, currently serves more than 2,500 clients in restaurants across France, the United Kingdom and Spain with the target to multiply this number up to 25,000 clients in Europe by 2018, a market with more than 500,000 independent restaurants.
FinSMEs
06/11/2015