The company is a cutting-edge technology firm with an online software platform focused on providing online ordering, delivery automation, personalized marketing efforts, and loyalty solutions for restaurants and local businesses. The company provides an all[1]in-one commerce solution with its multiple suites of online products for restaurants, grocery stores, convenience stores, marketplaces, delivery companies, and franchises.
Key Aspects
Revenue and adjusted EBITDA grew at compound annual growth rates (CAGRs) of 16.6% and 15.1%, respectively, from 2019 to 2022
Adjusted EBITDA margins average 59.3% from 2019 to 2022
One of the top multi-module software platforms for online ordering, delivery automation, marketing, and business intelligence for local commerce
Trust and utilized by major, multi-national brands, with a high rating on Trustpilot and more than 300 reviews
Product suites with thousands of features that have been designed to be enterprise-ready, easy to use, and effectively work together in an integrated way, providing the highest quality, all-in-one experience for clients
Systems in place to optimize costs while maintaining the stability and speed of growth for the company, providing a scalable infrastructure
At the forefront of personalization, automation, artificial intelligence, and convenience commerce solutions.
Opportunities
Capitalize on the rapidly growing global restaurant management software market, projected to reach $14.7 billion by 2030, expanding at a CAGR of 15.8% via organic market expansion, according to Pitchbook
Implement effective sales and marketing strategies beyond the company website to increase lead generation and broaden existing client base
Continue to capitalize on the company’s recent pay-as-you-go solution to increase platform usage
Focus on expanding partnerships with other stakeholders serving a shared target market
Develop additional sales strategies and methods to increase outbound communications and expand the current client base
Increase revenue streams via cross-selling product suites
Current Markets
The company focuses on working with startups, small and medium-sized businesses (SMBs), development agencies, franchises, and enterprises around the world. The company primarily serves restaurants, grocery stores, convenience stores, marketplaces, delivery companies, and franchises.
Real Estate
The company operates fully remote.
Shareholder Objectives
The company is equally owned by two shareholders, who are planning their exit strategies. Both shareholders are willing to remain with the company for a predetermined period of time to facilitate a smooth transition to new ownership.
