# Restoke

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/restoke-pty

- Industry: Software
- Headquarters: Melbourne, Australia
- Website: www.restoke.ai/
- Total disclosed funding: $2.7M
- Latest round: Seed (Nov 21, 2024)
- Investors on record: 9

## About

Based in Victoria, Australia, and founded in 2020 by co-founders Assaf Stizki (CEO), Ken Brand, and Alexander Eidelman, Restoke Pty Ltd operates as a provider of a restaurant management platform, offering automation tools and solutions for inventory, staff management, and food costing to restaurants and food service businesses worldwide. In September 2024, Restoke Pty Ltd raised USD 5.1 million in seed funding led by Rampersand with the participation of Mandalay Venture Partners, Archangel Ventures, BC Growth Equity, and Stage 2 Capital.

The company provides a restaurant management platform that offers automated tools for back-of-house operations to restaurants and hospitality venues. The platform's services include inventory management, staff rostering, and live food costing. Moreover, the firm offers solutions such as supplier management, invoice scanning, and automated ordering. Additionally, Restoke Pty Ltd also provides services such as accounting integrations, compliance procedures, and live inventory tracking.

The company generates its revenue through subscription-based pricing for its platform packages. These packages include the Intro plan at AUD 31 per site per month, the Base plan at AUD 63 per site per month, and the Expert plan at AUD 109 per site per month, all billed annually. Additionally, the Pro plan is available for larger chains and franchises with custom pricing based on specific needs, offering premium support and customized services.

The company plans to use its proceeds from September 2024 funding to expand in the US market.

## Funding rounds

- Seed, Nov 21, 2024, $2.7M — The Catalyst Capital Group, Breakstone Group, Rampersand, Archangel Ventures, Stage 2 Capital, Mandalay Venture Partners, BC Growth Equity, Cc Co Pty Ltd, Red Lenko Pty Ltd

## Investors

- The Catalyst Capital Group (https://capitalatlas.ai/funds/the-catalyst-capital-group) — Seed
- Breakstone Group — Seed
- Rampersand (https://capitalatlas.ai/funds/rampersand) — Seed
- Archangel Ventures (https://capitalatlas.ai/funds/archangel-ventures) — Seed
- Stage 2 Capital — Seed
- Mandalay Venture Partners (https://capitalatlas.ai/funds/mandalay-venture-partners) — Seed
- BC Growth Equity (https://capitalatlas.ai/funds/bc-growth-equity) — Seed
- Cc Co Pty Ltd — Seed
- Red Lenko Pty Ltd — Seed