QikServe Raises £2.7M in Funding

QikServe_LogoQikServe, an Edinburgh, UK-based provider of a mobile ordering and payment platform for the hospitality industry, raised £2.7m (approx. US$3.4m) in funding.

The round was led by Maven Capital Partners, which is investing £2m, with participation from exiting investors including Par Equity, Equity Gap and Scottish Enterprise.

The company intends to use the funds to accelerate the roll-out of its software platform across the hospitality sector, including major expansion into the United States, growing the workforce in key areas, and supporting channel partners.

Founded in 2011 by entrepreneurs Daniel Rodgers and Ronnie Forbes, QikServe has developed a patented B2B cloud-based platform aimed at hospitality operators, enabling customers to discover restaurants, check-in to tables, browse menus, place orders, save and redeem loyalty points or vouchers, and pay their bill directly from their mobile phone or tablet.
The technology can be built into existing back-end systems, to be configured remotely with no additional hardware or software required in the premises.

QikServe is fully integrated with EPOS provider Oracle Hospitality, which provides the company with access to over 330,000 accounts across 180 countries.

FinSMEs

10/01/2017