Allset Raises $2.35m in Seed Funding

Allset, a San Francisco, CA-based wait-free dining startup, raised $2.35m in seed funding.

The round was led by Metamorphic Ventures, with participation from Andreessen Horowitz, FJ Labs, and previous investors — SMRK VC Fund and private investor and entrepreneur Alexandr Chernyak.

The company plans to use the new funds to expand into new markets (Los Angeles and Chicago) as well as for product research, development, and marketing.

Launched in 2015 by Stas Matviyenko, CEO, Allset focuses on the dine-in restaurant experience, enabling customers to book, order & pay for their lunch at local restaurants before arrival. Earlier this year, the company released a Facebook Messenger bot to enable diners to book, order & pay ahead for lunch at local restaurants without downloading the app, directly from Facebook Messenger on their phones and computers. Also, Allset has launched Allset for Business letting local companies to provide company-paid lunches at restaurants to their clients and employees.
The company currently operates in San Francisco, Palo Alto, and Manhattan serving over 8,500 diners per month with more than 180 restaurant partners.

Allset earns 10% from each order charged to the restaurant. The service is free for users.



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