OneDine, A Texas-Based Restaurant Tech Startup, Nabs $5M At $95M Valuation
Summary
OneDine, a Dallas-based startup that offers a tableside ordering and payment solution, has closed on a $5 million Series A. We had to wait for other pieces of tech to catch up.” OneDine runs on a common tablet (which allows for a “super low cost of entry,” the company says) and seamlessly interfaces with a restaurant’s POS (point-of-sale) systems and existing restaurant software. OneDine then can provide instant notifications of nearby restaurants that match their preferences, along with trending offers or promotions. The startup more than doubled its headcount to 24 compared to 11 a year ago, but Krupp projects OneDine will have 100 employees by year’s end. TMW Capital’s Matt Silk said OneDine is appealing because “the restaurant industry and its customers are hungry (pun intended) for a more streamlined experience.