Restaurant Tech Disruptor 86 Repairs Raises $2 Million
Summary
CHICAGO, March 18, 2021 /PRNewswire/ -- —an innovative platform that streamlines and optimizes equipment repair and maintenance for restaurants—today announced it closed a $2 million round of seed funding from multiple investors including TDF Ventures, HAVI, Gordon Food Service (GFS), GHS Holdings, Tamarind Hill, Invest Detroit Ventures, Network Ventures, and the Cleveland Avenue State Treasurer Urban Success Fund (CAST US), an initiative to bridge the capital and resource gap for Black, Latinx, and women-owned companies in Chicagos South and West Side neighborhoods. The investment will be used to accelerate the companys aggressive growth and product development which offers collective intelligence and robust data insights previously untapped in the foodservice equipment and supply industry. This infusion of capital will accelerate our innovation and insights so we can continue to best serve our customers and save them money—allowing them to focus on what matters most to them—their guests." "COVID-19 has presented unprecedented obstacles for restaurants, however 86 Repairs has been a constant asset for us in managing our kitchen operations," said Al Hank, COO, Famous Daves (BBQ Holdings Inc.). The Chicago-based restaurant tech company previously raised $1.5 million in a round of pre-seed funding led by Tamarind Hill, with additional investments from MATH Ventures and Gordon Food Service (GFS).