QSR Automations, a supplier of restaurant expertise options, has acquired a big funding from Battery Ventures. This strategic partnership will gas QSR Automations’ progress, innovation and market enlargement, based on a press launch..
Robbie Payne, a seasoned software program govt and Battery Government-in-Residence, will take the helm as CEO, succeeding Angela Leet, who will transition to a board member function.
“I’ve been so impressed with the enterprise Angela and her group have constructed at QSR Automations, and the traction the corporate has gotten inside massive restaurant accounts,” Payne stated within the press launch. Payne beforehand ran Battery-backed, smart-manufacturing options firm CAMBRIO, which was acquired by Sweden’s Sandvik AB three years in the past. “We’re enthusiastic about working with the group to assist take QSR Automations to the subsequent stage and scaling the enterprise by way of this subsequent progress section.”
Leet stated it has been an honor to guide the corporate. “However now, my group and I are extremely excited for QSR Automations’ subsequent chapter,” she stated within the press launch. “Partnering with Battery permits us to re-focus on our product growth efforts, broaden our market attain, and proceed delivering distinctive worth to our prospects. This acquisition supplies the assets and experience we have to innovate even quicker and meet the evolving wants of the restaurant business.”
The Battery progress funding is designed to speed up QSR Automations’ capability to ship cutting-edge expertise options that assist restaurant operators streamline their operations, enhance visitor satisfaction, and optimize their workflows. The corporate will proceed to function underneath its current model, with no speedy modifications to its day-to-day operations.
Battery Ventures has a powerful monitor document within the hospitality expertise sector, having backed firms like Olo and Crunchtime. This funding underscores QSR Automations’ place as a key participant within the business.