About TouchBistro
TouchBistro is a company based in Toronto (Canada) founded in 2010 by Alex Barrotti and Geordie Konrad.. TouchBistro has raised $320.85 million across 8 funding rounds from investors including Mogo, Barclays and BMO. TouchBistro has completed 1 acquisition, including TableUp. TouchBistro offers products and services including Point of Sale, Reporting & Analytics, Payment Processing, Inventory Management, and Staff Management. TouchBistro operates in a competitive market with competitors including Toast, Olo, Zenput, UrbanPiper and Tillster, among others.
- Headquarter Toronto, Canada
- Founders Alex Barrotti, Geordie Konrad
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Touchbistro Uk Limited
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Products & Services of TouchBistro
TouchBistro offers a comprehensive portfolio of products and services, including Point of Sale, Reporting & Analytics, Payment Processing, Inventory Management, and Staff Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles sales and order management for restaurants.
Provides cloud-based reports for business decisions.
Facilitates secure and quick payment transactions.
Tracks stock to reduce food waste and costs.
Manages permissions and scheduling for employees.
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Leadership Team
24 people
Sales and Marketing
19 people
Software Development Team
11 people
Senior Team
7 people
Product Management Team
7 people
Operations Team
6 people
Human Resources and Administration
4 people
Data Analysis and Operations Team
4 people
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Funding Insights of TouchBistro
TouchBistro has successfully raised a total of $320.85M across 8 strategic funding rounds. The most recent funding activity was a Series E round of $110.01 million completed in November 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Series E — $110.0M
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First Round
First Round
(14 Nov 2013)
- Investors Count 18
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2022 | Amount | Series E - TouchBistro | Valuation | Francisco Partners |
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| Sep, 2019 | Amount | Series E - TouchBistro | Valuation | OMERS | |
| Jun, 2018 | Amount | Series D - TouchBistro | Valuation | OMERS , JPMorgan Chase |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TouchBistro
TouchBistro has secured backing from 18 investors, including venture fund and institutional investors. Prominent investors backing the company include Mogo, Barclays and BMO. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity investment firm focused on technology sector
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Founded Year | Domain | Location | |
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Accelerator & VC firm backed by RBC Royal Bank
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Founded Year | Domain | Location | |
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Early-stage technology-driven companies are targeted for venture capital investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TouchBistro
TouchBistro has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TableUp. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Guest management solutions are provided for restaurants.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - TouchBistro
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Touchbistro Comparisons
Competitors of TouchBistro
TouchBistro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, UrbanPiper and Tillster, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
Delivery channels management software is provided for restaurants.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Touchbistro
Frequently Asked Questions about TouchBistro
When was TouchBistro founded?
TouchBistro was founded in 2010 and raised its 1st funding round 3 years after it was founded.
Where is TouchBistro located?
TouchBistro is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Who is the current CEO of TouchBistro?
Samir Zabaneh is the current CEO of TouchBistro.
Is TouchBistro a funded company?
TouchBistro is a funded company, having raised a total of $320.85M across 8 funding rounds to date. The company's 1st funding round was a Series D of $54.15M, raised on Nov 14, 2013.
What does TouchBistro do?
TouchBistro was founded in 2010 in Toronto, Canada. SaaS-based solutions are offered to the food services sector, including restaurants, fast food outlets, food trucks, and coffee shops. Services encompass payment processing for debit, credit, gift cards, mobile options, and Apple Pay, alongside digital menu functions and order transmission from servers to kitchens. Operations focus on streamlining restaurant workflows across these establishments.
Who are the top competitors of TouchBistro?
TouchBistro's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does TouchBistro offer?
TouchBistro offers Point of Sale, Reporting & Analytics, Payment Processing, Inventory Management, and Staff Management.
How many acquisitions has TouchBistro made?
TouchBistro has made 1 acquisition, including TableUp.
Who are TouchBistro's investors?
TouchBistro has 18 investors. Key investors include Mogo, Barclays, BMO, JPMorgan Chase, and Francisco Partners.
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