What is GoTab?
GoTab operates as a comprehensive Restaurant Commerce Platform designed to enhance operational efficiency and guest satisfaction for large and mid-sized establishments, including restaurants, breweries, bars, and hotels. The platform integrates seamlessly with existing point-of-sale (POS) and property management (PMS) systems. It offers patrons flexible ordering and payment options, including server-assisted, direct mobile ordering, or a hybrid approach, all managed under a single tab. Key features include an all-in-one POS, mobile ordering and payment capabilities, and kitchen display systems (KDS), eliminating the need for guests to download separate mobile applications or create passwords. GoTab's flexible features enable operators to tap into new revenue streams across dine-in, take-out, delivery, and event services.
How much funding has GoTab raised?
GoTab has raised a total of $42.5M across 5 funding rounds:
Debt
$150K
Unspecified
$6M
Debt
$375K
Series A
$18M
Series A
$18M
Debt (2020): $150K with participation from PPP
Unspecified (2020): $6M led by Jody McLean, Will Graylin, Anthony Bruce, Greg Cohen, and Jim Hirshorn
Debt (2021): $375K supported by PPP
Series A (2023): $18M, investors not publicly disclosed
Series A (2023): $18M, investors not publicly disclosed
What's next for GoTab?
The recent major strategic investment in GoTab signals a strong confidence in its market position and future growth trajectory. This capital infusion is expected to accelerate the company's expansion, potentially through further development of its integrated platform, enhancement of its POS and KDS functionalities, and broader market penetration. The focus on enterprise-level clients suggests a strategy aimed at capturing larger market share within the hospitality technology sector. GoTab's ability to adapt to evolving consumer demands for seamless ordering and payment experiences positions it well for sustained development and innovation in the competitive restaurant tech landscape.
See full GoTab company page
