Restaurant booking startup Allset announced the close of $5 million in Series A financing led by Greycroft Partners. Andreessen Horowitz, Vaizra Investments, Compound Ventures, FJ Labs and SMRK VC also participated in the offering.
Benefitting diners, restaurants, and local companies alike, Allset users can skip the wait at restaurants and focus on amazing dining experiences. Restaurants can run their businesses more efficiently and treat their guests to exceptional service, while companies can provide employees with quick, company-paid meals at great local restaurants. Allset is available in San Francisco and The Bay Area, New York City, Chicago, Boston, and Austin.
According to Allset cofounder and Chief Executive Officer Stas Matviyenko, the company will use the money to expand to all major U.S. cities by the end of 2018, including upcoming launches in Houston, Phoenix, Philadelphia, Washington, Miami, and San Diego.