Ramsay installed a point-of-sale system by TouchBistro (the Busses had previously been using pen and paper to track their sales) and he pared the menu way down, adding several new dishes with a Ramsay touch. The crew also turned a bocce ball court next to the restaurant into a state-of–the-art dog park with turf. They also put in a photo booth where people and their pets could pose for snapshots together.The changes Ramsay made have helped them already, Greg said, especially the point-of-sale system and the menu refinement.
TouchBistro Inc., a Toronto-based startup that provides restaurants with specialized point-of-sale software, is close to raising an additional $70 million in a new financing round, according to multiple sources familiar with the matter. The new financing deal values TouchBistro at about $200 million and is led by OMERS Ventures, the venture-capital arm of the Ontario Municipal Employees Retirement System pension fund, the sources told BNN Bloomberg. “For a startup that’s leading the market in point-of-sale and on the [iTunes] app store, this financing is a big deal,” one of the sources said in an interview. “For someone like OMERS to put money in, it legitimizes the company.”
TouchBistro is a software that just not caters to the aspect of POS but can also be used to manage the orders of various tables on the same floor. It can be used for making mobile payments, creating menus, schedule the staff and also manage the inventory right from your iPad.
Alex Barrotti, the founder and CEO of TouchBistro, offers tips for restaurateurs and stresses the importance of a high-tech point of sale for restaurant success.
TouchBistro was founded in 2010 and sells an EPOS to restaurants. At first, it would direct restaurant owners to buy their own iPads and download its software from the App Store. But as business scaled and customers asked for a one-stop-shop to buy an EPOS solution, TouchBistro partnered with Apple as a reseller. Now, in addition to selling iPads to its clients, it also sells a Mac Mini to clients using 10 or more iPads to synchronize the app over the local network, allowing the restaurant to operate even if the Internet goes down.
“When we swipe a card, tap, or use the pin, the information is exchanged securely and directly with the credit card processor,” explains Alex Barrotti, CEO of TouchBistro. “All we ever get back is a simple ‘declined’ message or an authorization number. We don’t have the ability to store any personal or confidential information, which makes us PCI (Payment Card Industry) compliant. We don’t even see that information.”Read More >
TouchBistro ranked #27 on Deloitte's Technology Fast 50. The Technology Fast 50 program recognizes Canadian technology companies for their entrepreneurial spirit, innovation, rapid revenue growth, and world-class achievements. This year, the Fast 50 winners achieved an average four-year growth rate of 4,625 per cent, which represents a 74 per cent increase from 2016.Read More >
In selecting a kiosk provider, "We looked for an intuitive and simple interface," she said. She selected TouchBistro, which provides iPad point-of-sale technology for restaurants. She gives the company high marks for customer service.Read More >
The “How Diners Choose Restaurants” study released today from TouchBistro finds that the majority of restaurant goers (65%) surveyed say that food cravings have the biggest impact on their restaurant choice.Read More >
The “How Diners Choose Restaurants” study released on October 18 from TouchBistro finds that the majority of restaurant goers (65 per cent) surveyed say that food cravings have the biggest impact on their restaurant choice.Read More >