Spanish startup CoverManager lands a fresh €17 million cash boost to expand its restaurant tech solution

From ordering via QR codes to booking platforms and operational dashboards, restaurants have gone digital and there are exciting developments to track. Today, CoverManager, who has been aiming to streamline the hospitality industry with tech since 2015, has secured new cash in an extension to its Series A round and is set to step up its international growth. • None €17 million was raised in a series A extension, bringing the total to €52 million Jose Antonio Pérez, CEO and founder of CoverManager: “We are very excited about having GP Bullhound join the company together with our existing shareholders as we continue to build a global standard in the Hospitality industry, helping restaurants improve their profitability and allowing them to be closer to their guests.” Born in Seville, CoverManager has developed an end-to-end software suite for booking management, aggregating all online and offline channels into a single dashboard, automating bookings and optimizing table use. The company currently works with more than 8k restaurants in 25 countries right across the world, with teams in Spain, Latin America (Chile, Colombia and Mexico), Portugal, Italy and, more recently, Germany with the acquisition of Seatris.Ai earlier this quarter. Per Roman, Managing Partner and Co-founder of GP Bullhound: “We were astounded by the power and the depth of CoverManager’s software, which made us understand their rapid success in Spain.