Poland-based Restaumatic secures $4.7M from Wirtualna Polska

15 April, 2022, 21:37 372
Poland-based Restaumatic secures $4.7M from Wirtualna Polska

Polish startup Restaumatic has secured a $4.7 million (20 million złotych) investment for its management platform for the restaurant industry. Wirtualna Polska indirectly obtains a minority stake in the company, Restaumatic states in a press release.

  • Founded in 2013 by Marek Skubacz, Restaumatic develops a SaaS platform that helps with handling orders, sales, and restaurant management. As of March 2022, almost 5,000 restaurants use it.
  • The investment came from Wirtualna Polska, a group of companies in Poland operating in the media and e-commerce sectors. It will indirectly obtain a minority stake in Restaumatic by joining the Supercharge Capital special purpose fund.
  • The $4.7 million investment will let the fund own approximately 16.9% of the shares in Restaumatic.
  • Earlier in 2015, Restaumatic raised its previous investment at $570,000 from Inovo Venture Partners and Xevin Investments, according to Crunchbase.
  • The company will spend the proceeds on the development of its product and on attracting new customers. The funding will be directed toward the Central and Eastern European regions.

Read more