Startups are leveraging technology to help restaurants automate their kitchens, delivery services, point-of-sale capabilities, and more.
Nine in ten US consumers enjoy eating out at restaurants — a sector that generated nearly $800B in sales in 2017.
But despite these robust metrics, the industry is highly fragmented and competitive: 90% of restaurants have fewer than 50 employees, and 70% of restaurants operate in only one location, according to the National Restaurant Association.
To help restaurants enhance their operations and stay competitive, startups are tackling nearly every aspect of the business, from automated kitchen robotics to new forms of inventory management.
Using CB Insights data, we rounded up 78 startups leveraging technology to help restaurants compete and organized them across categories including POS & mobile payments, delivery management, smart kitchens, and more. Check it out below.
(Note: we previously looked into startups specifically applying AI to the restaurant space here.)
This market map consists of private, active companies only and is not meant to be exhaustive of the space. Categories are not mutually exclusive, and companies are mapped according to primary use case. While some startups also work with other types of brick-and-mortar retailers, all have significant use cases for restaurants.
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