GoTab Closes $18M Series A Funding
Summary
Led by Tim McLaughlin, CEO, GoTab provides a hospitality commerce platform for all sizes of restaurants, breweries, bars, food halls, hotels, resorts, and other venues to run lean, profitable operations while making guests satisfied. GoTab allows patrons to order and pay via staff on the POS, on a kiosk, or using their own mobile devices, according to guest preference and venue operating model(s). GoTab enables eCommerce, memberships, subscriptions, and deeply integrates with event, reservation, and ticketing systems. Founded in 2016, the company processes over $500M in gross merchandise value (GMV) annually with operations across 39 U.S. states, Canada and growing. The company intends to use the funds for the development and execution of its product suite for the hospitality sector and stadium and entertainment venues, including further enhancement of its stationary and handheld point-of-sale (POS), kitchen display system (KDS), kiosk, mobile ordering, radio-frequency identification technology (RFID) and payment solutions.