Fresh Technology Inc. Closes $7 Million Series A to Drive Innovation in Modern Restaurant Kitchens.
NASHVILLE, Tenn., May 16, 2022 / PRNewswire/ – Fresh Technology Inc. (Fresh) announces its closure $ 7m Series A led by FINTOP Capital. Fresh is a leading provider of fully integrated kitchen management and e-commerce systems designed to help restaurateurs deliver unique hospitality in the new digital world. The new one now supports more than 7000 restaurants. This closure follows the launch of the company’s revised market position as a result of strong traction and constant returns.
Fresh is a spin out of the company that owns the restaurant, Fresh Hospitality, and now operates as an independent SaaS company. The Company’s flagship product, Fresh KDS, helps restaurants manage the logistical complexities that have caused the explosion of digital ordering and shipping service providers over the past two years. By further connecting guests to the kitchen production process, Fresh helps restaurants improve efficiency, order accuracy, and order delivery time. This spin out is led by Shaun Shankel and is supported by a team of highly experienced operations executives with plans to scale the company and solve new challenges faced by restaurant operators.
“We live in an omnichannel world that is creating new problems for operators including labor shortages, peak capacity management issues, and additional DSP commissions tied to the missing. promised wait times.We see the real-time relationship between kitchen and guest as the critical choke-point.Solving these problems with new technologies such as machine learning is key driver of visitor loyalty and increased LTV for brands.With a fierce commitment to open-data, we created Fresh as a lightweight, modern, kitchen management and ecommerce platform to provide the tools to operator who has never been in the kitchen. “ – Shaun ShankelCEO of Fresh
“The restaurant industry has experienced a huge digital transition that we have seen many times before in other industries. The amount of innovation and adoption of technology is exciting. We are excited to join Fresh as they continue to grow. in their business “, SAYS Joe MaxwellManaging Partner of FINTOP Capital
This investment underscores Fresh’s belief as a growing leader with unparalleled value for restaurants in the new, digital world. With the growth of the company comes a new market position that reflects the company’s ambition in the restaurant technology space.
About Fresh Technology Inc.
Born in 2003 to build back-office and kitchen production systems, Fresh Technology Inc. (Fresh) has in -depth knowledge and experience of restaurant operations and technology. The Company builds software products that process and control costs $ 550 million in annual food sales and serves more than 13 million visitors each year. Focusing on the relationship between the kitchen and the customer, the company seeks to address the new challenges faced by operators of all sizes with the rapid growth of omnichannel and outdoor dining areas.
For more updates and information visit freshtechnology.com
SOURCE Fresh Technology Inc