Restaurant Technology Startup Upserve Raises New Financing

Upserve completed a new round of financing. Three investors participated in the round: Vista Equity Partners, First Round Capital, and Pritzker Group Venture Capital.

Upserve’s goal is to put everything restaurateurs need to know in one place, providing real-time guidance to unlock the power of their menu, workforce, and guest habits. In a single platform, Upserve offers the market-leading cloud point of sale for restaurants, as well as Breadcrumb POS by Upserve; actionable analytics through Upserve HQ; and transparent processing with Upserve Payments.

One of the largest and fastest-growing companies in the restaurant technology space, Upserve is used by thousands of restaurants to process more than $11 billion in annual sales, to manage relationships with more than 32 million active diners, and to crunch the numbers on 23 million meals per month.

In its announcement, the company said the partnership and capital will enable Upserve to accelerate its growth, grow its employee base, and invest further in delivering a seamless platform for restaurateurs.