Truffle, an Edmonton, AB-based restaurant management software provider, secured an all-equity CAD 2.3 million seed funding.
The round was led by Accelerate Fund III, with participation from Sprout.vc and Birchcliff Partners.
Truffle will use financing proceeds to hire key management positions locally and further expand sales and marketing across Canada and into the US.
Company: Truffle POS Inc.
Raised: CAD2.3M
Round: Seed Round
Funding Month: July 2022
Lead Investors: Accelerate Fund III
Additional Investors: Sprout.vc and Birchcliff Partners
Company Website: https://trufflesystems.io/
Software Category: Restaurant Management Software
About the Company: Truffle, is a digital restaurant platform that equips food providers to easily and affordably add delivery and pick-up services without adding staff. Truffle enables restaurants of all sizes to empower their teams, increase profits, and provide a smart dining experience that customers expect, with tools to manage your restaurant in a single platform. Truffle offers restaurants flexible tools to expand into Point of Sale, Online Ordering, Table Side, Delivery Management, Automated Pickup, Table Reservations, and Guest Marketing.
Source: https://acceleratefund.ca/news/accelerate-fund-iii-invests-in-truffle/
https://betakit.com/truffle-raises-2-3-million-to-compete-with-restaurant-pos-incumbents-lightspeed-square/