Notch, a Toronto, Canada-based provider of online restaurant supply chain software solution, raised $10M in funding.
The round was led by Accomplice and BDC with participation from MATH Venture Partners, Golden Ventures, The Yield Lab, Garage Capital, Plexo Capital, Agman, Mark MacLeod, Paul Genier, Shannon Lambert, and Jean Genier.
The company intends to use the funds to:
- accelerate growth
- bring its solution to more North America’s restaurant chains and food brands,
- fund ongoing innovation, and
- hire and retain talent and for continued US expansion.
Led by Jordan Huck, CEO, Notch provides restaurant chains and food brands with a software solution to bring the entire restaurant supply chain online and digitize the paper-driven process of wholesale food supply ordering and ordering taking. The platform currently includes Notch Marketplace, used by nearly 1,500 restaurants across North America, to shop and price compare more than 100,000 wholesale food supply skus, invoice, track orders, receive real time inventory updates, and forecast. Notch Pay, an automated payment and collection solution for restaurants and distributors is in development.
The company currently serves leading restaurants and distributors across the Greater Toronto Area, Chicago, and Texas in Houston, Dallas, San Antonio and Austin.
FinSMEs
29/07/2021