OneDine, a Dallas, TX -based – startup providing a table side solution for ordering, secure payment, and guest intelligence, closed a $5m Series A funding round.
The round, which brought the pre-money valuation of the company to $90m was led by a private family trust with several supporting investors, including TMW Capital and Hidden Lake Asset Management of New York.
The company intends to use the funds to extend its reach in the restaurant market in the United States.
Led by CEO Rom Krupp, Onedine provides restaurant owners, franchises and franchisees with an all-in-one table side solution for ordering, secure payment, and guest intelligence. It is currently being implemented in various enterprise brands across the US with several more rolling out in the second quarter of 2020. OneDine offers a 360-solution for guests, servers, and management which eliminates credit card chargebacks, enables immediate tableside ordering with no app required to pay at the table for guests, features tableside EMV and PCI Compliance with P2P encryption, real-time data and feedback, and enhances marketing efforts. It syncs with existing restaurant POS systems and allows restaurant leadership to survey customers and gain data and real-time insights on operational improvement, menu modification and more.
FinSMEs
03/02/2020