Tech Company Financing Transactions
allO Funding Round
allO, based in Munich, raised $1.5 million from Keen Ventures Partners and private investors.
Transaction Overview
Company Name
Announced On
12/16/2022
Transaction Type
Venture Equity
Amount
$1,480,000
Round
Seed
Investors
Keen Ventures Partners (Lead Investor)
private investors (Martin Enderle)
Proceeds Purpose
allO wants to set itself apart from existing German restaurant management platforms. The startup cites a number of pain points - some of its competitors have priced in non-essential hardware, it says, or lock restaurants into multi-year contracts to generate returns.
Company Information
Company Status
Private & Independent
Industry
Consumer
Mailing Address
Altheimer Eck 3
Munich, 80331
DE
Munich, 80331
DE
Phone
Undisclosed
Website
Email Address
Overview
We are allO - the digital backbone of restaurants, the future of gastronomy, and the reliable partner of local businesses.Our mission is to give local restaurants unfair technology advantages to compete with prominent players. We strive to democratize gastronomy by making McDonald's and Starbucks' level of technology accessible to small restaurant owners.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Cancan Liu
Chief Technical Officer
Teodor Rupi
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