Snappy, a Toronto, Canada-based all-in-one restaurant management Software-as-a-Service (SaaS) company, closed an oversubscribed Series A funding.
SaaS Investors
The round was led by Golden Section Ventures.
Golden Section is a B2B software investor based in Houston, Texas, investing globally in founders solving tangible problems for today's workforce. Golden Section exists to journey together with entrepreneurs on the path to creating lasting companies, investing pre-seed to post exit.
Snappy Use of Funds
The company plans to use the funds to expand Snappy's market presence in North America. The company aims to establish regional offices in the United States and Canada to continue its mission of providing cost-effective and efficiency-driving restaurant software tools.
About Snappy
Snappy is a SaaS company offers technology products that allow restaurants to manage every touchpoint of the guest experience with ease. It provides restaurant management solutions in the form of a suite of modules, including point of sale, payment processing, omnichannel ordering, 3rd party delivery apps integration, reservation, loyalty, and targeted marketing. The company operates in 8 countries, including the US, Canada, the UK, and Australia. Snappy is on a mission to equip the world’s most customer-focused restaurants with technology to automate simple tasks.
Funding Details
Company: Snappy Innovation Inc.
Raised: Undisclosed
Round: Series A
Funding Month: October 2023
Lead Investors: Golden Section Ventures
Additional Investors:
Company Website: https://gosnappy.io/
Software Category: Restaurant Management
Source: https://www.prnewswire.com/news-releases/snappy-closes-oversubscribed-series-a-financing-to-bolster-north-american-expansion-of-restaurant-saas-offering-301952997.html