Unlock full data on Restaurant IT with our free Lite plan!
Sign Up and Get Free Access
Top Restaurant IT Startups
Last updated:
Top Restaurant IT startups
There are 7,491 Restaurant IT startups which include Toast, Lightspeed, Olo, Zenput, Revel Systems. Out of these, 1,001 startups are funded, with 419 having secured Series A+ funding. United States has the most number of companies in Restaurant IT (1,846), followed by India
(722), and then United Kingdom (581).
2025 has seen the creation of 6 Restaurant IT startups. Over the past 10 years, an average of 501 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Stanford University, Harvard University and Tel Aviv University.
Here is the list of top Restaurant IT Startups
1. Toast
Platform offering multiple restaurant operations management solutions. Its cloud-based platform offers a point of sale system, online ordering, delivery management, menu modifications, reporting, analytics, marketing, team management, back-office management, and more. It also offers hardware for POS terminal, payment system, kitchen kiosk, printer, and more. The company offers solutions on the subscription-based policy.
Key facts about Toast
- Founded Year: 2011
- Location: Boston (United States)
- Stage: Public
- Total Funding till date: $900M
- Investors: Bessemer Venture Partners, Tiger Global Management and 28 Others
- Latest Funding Round: Series F, Feb 14, 2020, $400M
- Tracxn Score: 86/100 What is this?
- Competitors Rank: 1 of 1,968 Competitors
2. Lightspeed
Cloud-based POS management software for restaurants and retailers. Its solutions includes order management, inventory management, customer management, sales, analytics, and more. It caters to sectors including restaurants, fashion, automobiles, pet stores, and more.
Key facts about Lightspeed
- Founded Year: 2005
- Location: Montreal (Canada)
- Stage: Public
- Total Funding till date: $292M
- Investors: Caisse de depot et placement du Quebec, Accel and 8 Others
- Latest Funding Round: Series D, Oct 18, 2017, $166M
- Tracxn Score: 82/100 What is this?
- Competitors Rank: 3 of 6,639 Competitors
3. Olo
SaaS-based digital ordering and delivery platform for restaurant brands. It offers an online and mobile ordering system provider in the restaurant industry with POS, payment providers, and loyalty programs integration. It serves as the interface between the restaurant and the on-demand orders, giving multi-location restaurants controlled integrations.
Key facts about Olo
- Founded Year: 2005
- Location: New York City (United States)
- Stage: Public
- Total Funding till date: $73.6M
- Investors: Tiger Global Management, Raine and 10 Others
- Latest Funding Round: Post IPO, Nov 04, 2021, $103M
- Tracxn Score: 79/100 What is this?
- Competitors Rank: 2 of 1,968 Competitors
4. Zenput
Platform offering software for mobile sales data collection. Employees can use a drag and drop builder to collect data like text, photos, videos, etc. Users can create and assign tasks using a dashboard and view reports and analytics.
Key facts about Zenput
- Founded Year: 2011
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $47M
- Investors: Golub Growth, Jackson Square Ventures and 4 Others
- Latest Funding Round: Series C, Jul 20, 2021, $27M
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 3 of 2,758 Competitors
Cloud-based point of sale solution for restaurants. Features includes payment processing, back-end personnel scheduling, payroll, inventory management, comprehensive product/menu management, reporting, and more. The company offers solutions on the subscription-based policy. It also offers solutions for bars and retail stores.
Key facts about Revel Systems
- Founded Year: 2010
- Location: Atlanta (United States)
- Stage: Acquired
- Total Funding till date: $204M
- Investors: Welsh, Carson, Anderson & Stowe, DCM Ventures and 9 Others
- Latest Funding Round: Series E, Jan 20, 2021, $15.3M
- Tracxn Score: 78/100 What is this?
- Competitors Rank: 5 of 3,191 Competitors