Poland-based Restaumatic secures $4.7M from Wirtualna Polska
15 April, 2022, 21:37
Polish startup Restaumatic has secured a $4.7 million (20 million złotych) investment for its management platform for the restaurant industry. Wirtualna Polska indirectly obtains a minority stake in the company, Restaumatic states in a press release.
- Founded in 2013 by Marek Skubacz, Restaumatic develops a SaaS platform that helps with handling orders, sales, and restaurant management. As of March 2022, almost 5,000 restaurants use it.
- The investment came from Wirtualna Polska, a group of companies in Poland operating in the media and e-commerce sectors. It will indirectly obtain a minority stake in Restaumatic by joining the Supercharge Capital special purpose fund.
- The $4.7 million investment will let the fund own approximately 16.9% of the shares in Restaumatic.
- Earlier in 2015, Restaumatic raised its previous investment at $570,000 from Inovo Venture Partners and Xevin Investments, according to Crunchbase.
- The company will spend the proceeds on the development of its product and on attracting new customers. The funding will be directed toward the Central and Eastern European regions.