Restimo, the Polish startup revolutionising the restaurant industry's technology landscape, has once again proven its exceptional growth and innovation by closing a significant seed investment round.
A company belonging to EIT Digital’s Equity Portfolio, Restimo successfully secured €465,000 from a diverse group of private investors, signaling strong market confidence in its groundbreaking solution designed to streamline restaurant operations.
Back in 2020, Restimo raised its first external funding of €255,000 from EIT Digital and three experienced foodtech investors - Małgorzata Sitkowska, Nicolas Jedraszak and Michał Zawiasa to develop its revolutionary restaurant management platform.
The application addresses the critical industry challenge known as "tablet hell" by integrating disparate systems such as food delivery platforms, online ordering systems, courier services, and POS systems into a single, user-friendly interface. This integration empowers restaurants and shops to enhance efficiency, optimise operational processes, and ultimately improve customer experiences.
Among the notable investors in this round are business angels Bartosz Majewski, co-founder of Casbeg, and Bartłomiej Kiszala, co-founder of Base CRM, alongside a consortium from the Sterling Angels association led by Krzysztof Polak. The funding round also saw participation from Restimo's clients, demonstrating strong belief in the company's vision and the tangible benefits of its application.
"Since our previous investment just over a year ago, Restimo has achieved significant milestones, including becoming a leader among integrators in Poland and being nominated for the prestigious Aulers Award, which gives us even greater motivation to achieve our next business goals," said Arek Bielecki, co-founder of Restimo. Tomasz Marcińczyk, co-founder, added, "Our vision is to develop technologies and tools that will help our clients increase sales, optimise operational processes, and above all, focus on their core business. Currently, many activities in restaurants (and beyond) are still done manually and on multiple different systems, so we are at the beginning of our journey."
To date, Restimo has raised a total of €750,000, underscoring its potential for rapid growth and market expansion. The company has already made remarkable strides, serving renowned chains like Costa Coffee, North Fish, and Thai Wok across over 30 cities in Poland and facilitating over 3 million orders totaling €50 million.
With this fresh injection of capital, Restimo is poised to accelerate its growth trajectory, eyeing international expansion into the Central and Eastern Europe region as well as Scandinavia.
"We are thrilled to witness the remarkable journey of Restimo, from its early days in our Venture Program to its current success," said EIT Digital Acceleration Manager Dénes Csiszár. "Restimo's innovative approach and substantial growth are a testament to the potential of digital transformation in traditional industries. We look forward to continuing our support for Restimo as they expand their reach and impact further."
