Perfect Company raises funds for foodservice technology solutions


Restaurant technology provider Perfect Company has raised $6m through its Series A funding round to expand its offerings for the foodservice industry.

The financing was led by Oxbridge Capital Partners and Genesis Ventures II Fund.

Perfect Company provides automation and integration services for restaurants and other foodservice establishments. It also offers software and connected equipment to streamline operations of the ghost kitchens.

Designed to integrate with and extend current point-of-sale (POS) and restaurant management systems, the company’s platforms help restaurant owners to increase the return on existing technology investments.

Perfect Company co-founder and CEO Michael Wallace said that the new capital will enable the company to offer innovative software as a service (SaaS) solutions to make restaurants more efficient, effective, and profitable.

Wallace said: “The foodservice industry has experienced a technology renaissance that has been expedited by the pandemic out of necessity.”

Perfect Company’s Kitchen Workflow platform integrates digital workflow automation with connected equipment to help crew members execute tasks with minimal training while minimising waste and food cost and increasing the speed of service.

Its Pick-Up technology has been designed in collaboration with restaurant equipment manufacturer Middleby and commercial-grade touchscreen manufacturer Elo.

The Saas internet of things (IOT) solution developed by the company connects current digital ordering, POS, and guest messaging platforms with customisable, modular customer-facing cabinets, enabling touchless pick-up.

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