Despite a dollar drop in Q2'16, deal count remains high to software & hardware restaurant management startups
The restaurant tech category is heating up, with at least 26 deals to startups in six of the past seven quarters and funding on track for record annual highs. Investors have poured $403M into the category across 69 deals so far this year. If that pace continues, deal count will hit 100 and funding will approach $600M by year-end.
We define restaurant tech as B2B hardware and software startups that aid in restaurant operations. This includes everything from point-of-sale software, to kiosks that let guests pay at their tables, to staff training and scheduling software, to connected beacons which monitor foot traffic. See a breakdown of categories and notable startups in each in our restaurant tech infographic.
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