Popmenu, a restaurant-focused all-in-one digital marketing and ordering SaaS platform, has raised $65 million in a Series C round.
The round was led by Tiger Global Management, with participation from Salesforce Ventures, as well as previous investors Bedrock Capital, Base10, and Felicis Ventures.
Popmenu plans to use the funds to speed up the development of its all-in-one solution, Popmenu Max, which is based on patented menu technology and includes A.I.-powered features that will help restaurants all over the world attract, engage, transact, and re-market to guests more efficiently than ever before.
Company: Popmenu, Inc.
Raised: $65.0M
Round: Series C
Funding Month: June 2021
Lead Investors: Tiger Global Management
Additional Investors: Salesforce Ventures, Bedrock Capital, Base10, and Felicis Ventures
Company Website: https://get.popmenu.com/
Software Category: cloud-based marketing and customer engagement platform
About the Company: Popmenu is a SaaS company that helps restaurants turn their menu into a customer conversion engine. Its cloud-based marketing and customer engagement platform use smart algorithms to track and convert menus, feedback, customer ratings, and related information into an interactive forum for hotels and customers to communicate directly with each other and access personalized menu and restaurant recommendations in real-time. The platform enables businesses to take control of their menu and increase customer engagement.
Source: https://www.businesswire.com/news/home/20210611005326/en/CORRECTING-and-REPLACING-Popmenu-Raises-65M-Funding-Round-Led-by-Tiger-Global-to-Accelerate-A.I.-Powered-Digital-Solution-for-Restaurants