SynergySuite Closes $6M Series A Funding

Funding Rounds

▤ Summary

The round was led by First Analysis, with participation from Irish private equity firm Oyster Capital. The company intends to use the funds to accelerate growth in the U.S. market and continue product innovation. Led by newly appointed CEO Greg Staley, SynergySuite provides multi-unit restaurants with a cloud based restaurant management software platform to simplify operations and increase profitability via inventory, purchasing, recipe costing, food safety, scheduling, cash management, human resources and business intelligence tools. A veteran sales and marketing leader with deep SaaS experience, he will focus on building SynergySuite’s position in the marketplace, and ensuring the product continues to respond to the challenges enterprise restaurants face. Co-founder Niall Keane will serve as chairman and chief strategy officer, where he will guide continued product development aligned with the company’s technology roadmap.

$ Funding

$
Amount $6.0M Total raised
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Date July 10, 2019 Announcement date
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Investors - Lead investors
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Company http://www.synergysuite.com Funded company

▥ Classifications

industries
Retail
applications
Accounting and Taxes

◇ AskAI Classifications

Labels
Software as a Service (SaaS) Restaurant Management Software Hospitality Software

▦ Linked Companies

SynergySuite
$1M to $5M