Qu (formerly Gusto POS), a Bethesda, MD-based provider of point-of-sale technology for fast casual and quick service restaurant chains, raised $10m in Series B funding.
The round was led by Cota Capital, with participation from restaurant-focused PE fund NRD Capital, and Bobby Cox Companies, the owners of multiple restaurant chains. In addition to providing funding, NRD Director and restaurant industry veteran, John Teza, has joined Qu’s Board of Directors.
The company will use the funding to bring its POS solutions to market.
Led by Amir Hudda, CEO, Qu provides a cloud-based Point of Sale (POS) technology for fast casual and quick service restaurant chains. Leveraging an API-first approach and a core suite of omni-channel ordering solutions, featuring tools to improve the guest experience, integrations, centralized enterprise management, and choose payment processors.