Restaurant Tech Firm Raises $5M
OneDine, a Plano, Texas-based restaurant tech firm that says it can reduce restaurants’ labor costs by up to 20% while maintaining a customer experience, will use a new $5 million capital infusion to quadruple its staff by the end of this year.
The company plans to increase its staff from 24 to 100 employees, founder and CEO Rom Krupp told The Dallas Morning News.
According to the OneDine's website, the SaaS runs on a tablet and seamlessly interfaces with POS systems and existing restaurant software.
The new money comes from an unidentified private family trust, along with supporting investors TMW Capital and Hidden Lake Asset Management of New York. The company previously closed $2 million in funding,