SynergySuite Closes $6M in Funding

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SynergySuite Closes $6M in Funding

07/11/2019

SynergySuite, a cloud-based restaurant management platform, announced $6 million in Series A funding to accelerate growth in the U.S. market and continue product innovation, and named Greg Staley as CEO. The financing round was led by First Analysis, a Chicago-based venture capital firm, with participation from Irish private equity firm Oyster Capital.

With the new funding, SynergySuite will drive continued customer growth by expanding sales, marketing, implementation and client success. SynergySuite’s powerful back-of-house platform has experienced exponential growth in the last two years by giving restaurants the tools they need to see what’s happening in every location and optimize food and labor costs.

In conjunction with the financing, Greg Staley was named CEO. Staley previously held the position of chief revenue officer. A veteran sales and marketing leader with deep SaaS experience, Staley’s focus will be on building SynergySuite’s position in the marketplace, and ensuring the product continues to respond to the challenges enterprise restaurants face.

SynergySuite co-founder Niall Keane will serve as chairman and chief strategy officer, where he will guide continued product development aligned with the company’s technology roadmap.