Hazlnut
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $3.2M
Investors
- 2
About Hazlnut
Hazlnut LLC is a digital solutions provider dedicated to enhancing the restaurant industry through innovative technology.Founded in 2016, Hazlnut LLC specializes in developing an integrated digital ecosystem tailored for restaurateurs. The company is headquartered in Jacksonville, US. The co-founders, Richard Sikes and Steven Edwards, have leveraged their expertise in technology to drive the company’s focus on innovative solutions.000 mn.Hazlnut offers a comprehensive digital ecosystem designed specifically for today's restaurateurs, integrating seamlessly with point-of-sale (PoS) systems. Their core product offerings encompass custom-branded mobile applications, online ordering platforms, self-ordering kiosks, and AI-driven phone automation services. These solutions aim to streamline the ordering process, enhance customer engagement, and reduce operational bottlenecks. Hazlnut's clientele primarily includes local, independent, and regional restaurant brands, which benefit from its user-friendly interfaces that facilitate a better ordering experience.Hazlnut's revenue model revolves around subscription-based services and partnerships with its restaurant clients. The company's offerings, particularly their mobile apps and self-ordering kiosks, operate on a pricing structure that involves monthly fees, transaction-based charges, or one-time setup costs, tailored to the needs of each restaurant. Each restaurant pays for a customized ordering platform that aligns with its brand, along with associated services like menu management and customer support. Revenue is generated through these recurring fees and any additional features or upgrades that clients may choose to implement, fostering long-term relationships within the restaurant industry. The company plans to grow their sales, service, and engineering teams to support future growth initiatives. Hazlnut is also focused on expanding its presence into new geographic regions, specifically targeting areas with a high density of dining establishments where their services can provide competitive advantages. This expansion is aimed at enhancing their market footprint in the dining industry as they continue to innovate and improve their product offerings.
Who invested in Hazlnut
2 investors across 2 rounds
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Questions about Hazlnut
Who invested in Hazlnut?
Hazlnut has 2 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Hazlnut raised?
Hazlnut has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Hazlnut last raise money?
Hazlnut's most recent round on record is a Series A, in Nov 2021.
What does Hazlnut do?
Hazlnut LLC is a digital solutions provider dedicated to enhancing the restaurant industry through innovative technology.
Where is Hazlnut headquartered?
Hazlnut is headquartered in Jacksonville, US.
Which VCs invest in companies like Hazlnut?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Hazlnut's stage. Their profiles are linked below.
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