Foound
Latest round
- Seed
Last raised
- Sep 2010
Total raised
- $0.5M
Investors
- 1
About Foound
Founded in 2009 and headquartered in Singapore, Foound focuses on transforming the restaurant industry's menu management.Foound specializes in providing an interactive menu creation platform designed specifically for the restaurant industry. Their core offering allows restaurants to create, customize, and manage digital menus that can be accessed via mobile devices, utilizing a user-friendly interface. This service addresses several pain points for restaurant operators, including the need for time-efficient order management and enhanced customer satisfaction. The platform also features capabilities such as ingredient listings tailored to individual recipes, translations in over 100 languages, and allergen information to accommodate diverse dietary needs.The revenue model for Foound primarily revolves around subscription-based services that allow restaurants to access and utilize the interactive menu platform. Clients pay a recurring fee for the software, which includes features such as menu customization, analytics on customer usage, and ongoing support. Typical transactions involve restaurants subscribing to different pricing tiers based on their size and feature requirements, thus tailoring the service to their specific operational needs. The company’s flagship offerings include the interactive menu platform and associated functionality, enabling restaurants to streamline their order-taking processes and enhance customer engagement.Foound's growth strategy includes the introduction of new features on their menu platform aimed at enhancing user experience and operational efficiency.5 mn will support these product enhancements and expand marketing efforts in targeted regions. The company plans to penetrate additional markets in Asia and Europe by 2023, capitalizing on the growing trend of mobile ordering in the restaurant sector.
Who invested in Foound
1 investor across 1 round
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Funding rounds
Seed
Sep 12, 2010
Amount
$0.5M
Investors
Questions about Foound
Who invested in Foound?
Foound has 1 investor on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Foound raised?
Foound has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Foound last raise money?
Foound's most recent round on record is a Seed, in Sep 2010.
What does Foound do?
Founded in 2009 and headquartered in Singapore, Foound focuses on transforming the restaurant industry's menu management.
Where is Foound headquartered?
Foound is headquartered in Singapore, Singapore.
Which VCs invest in companies like Foound?
Among active investors with capital left to deploy, Shanghai State-owned Capital Investment Leading Fund, Peak XV Partners, MPCi and Luminous Ventures back internet companies at Foound's stage. Their profiles are linked below.
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