# MarketMan

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/marketman

- Industry: Software
- Headquarters: New York, US
- Website: www.marketman.com
- Total disclosed funding: $0.8M
- Latest round: Seed (Jun 16, 2016)
- Investors on record: 3

## About

MarketMan Inc. is a cloud-based platform that enhances restaurant inventory management and purchasing operations, streamlining processes for foodservice businesses across North America.Founded in 2013, MarketMan Inc. operates from New York, US, offering a platform that simplifies inventory management for the foodservice industry. Notably, it merged with DB3 Mobile, Inc., also known as Meal Ticket, in January 2022, supported by a USD 100 million investment from Providence Strategic Growth. The founders include Igal Wolf, Or Mintz, and Syed Ali, with Mohammad Khan serving as CEO. MarketMan has successfully completed five deals, raising a total of USD 2.00 mn in funding, including the latest round from the recent merger.MarketMan specializes in a cloud-based restaurant inventory management and purchasing platform designed for foodservice businesses like coffee shops and quick-service restaurants. The platform includes features such as inventory management, invoicing, recipe costing, and tracking cost of goods sold (COGS). By automating these tasks, MarketMan helps reduce waste and enhance efficiency, providing actionable insights on pricing and profitability. The software integrates with major Point-of-Sale (POS) systems, serving a diverse clientele in the US and Canada.MarketMan generates revenue through a subscription model with various pricing plans tailored to foodservice businesses, from independent restaurants to larger chains. Clients subscribe to the platform based on their specific usage needs, which may include advanced analytics, vendor management, and automated invoicing. Revenue is driven by the integration of its services into clients' operations, promoting quicker order placements and improved inventory accuracy, which justifies the subscription costs associated with MarketMan's offerings.Following the merger with Meal Ticket in January 2022, MarketMan plans to enhance its product lines while developing new offerings. The company aims to expand its workforce in Tel Aviv and New York, focusing on engineering and product development roles. The recent investment of USD 100 million will support these initiatives, facilitating MarketMan's growth and service expansion to clients globally.

## Funding rounds

- Seed, Jun 16, 2016, $0.7M — lool ventures, Flashpoint
- Seed, Jul 15, 2015, $0.1M — NFX

## Investors

- NFX (https://capitalatlas.ai/funds/nfx) — Seed
- lool ventures (https://capitalatlas.ai/funds/lool-ventures) — Seed
- Flashpoint (https://capitalatlas.ai/funds/flashpoint) — Seed