Yumpingo, a London, UK-based restaurant intelligence platform, raised $10m in Series A funding.
The round was led by Smedvig Capital. Additionally, Keith Taylor, chief financial officer of Equinix, and Mike Ryan, CEO of Bullet Point Network, and previously partner and head of global equity products at Goldman Sachs, are investing in the round and will be joining the Yumpingo board. Also investing is David Cantu, co-founder of HotSchedules, one of the world’s largest SaaS data platforms in the restaurant industry.
The company intends to use the funds to scale and further innovate its one-minute instant review platform, launch Yumpingo Pay, a new pay-at-table platform, and expand sales and operations internationally.
Launched in 2017 by Gary Goodman, CEO, Yumpingo is a restaurant intelligence platform bringing big data analytics to restaurant operations by tapping into guests’ in-moment restaurant experiences through technology touchpoints to give owners the data to make informed decisions and optimize customer satisfaction across brands at location, shift, server and dish level.
The system integrates with a restaurant’s POS (point-of-sale) to facilitate data which impacts operations, new product development and marketing for some of the world’s largest and most innovative restaurant groups including YO!, California Pizza Kitchen, John Lewis and Wahaca. Reviews are facilitated tableside with digital/paper bills or through an SDK for distribution across any device.
Yumpingo recently launched their Everywhere solution for delivery, To Go, catering and QSR/LSR which invites reviews using a QR code.