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Redefining restaurant operations (YC S15)

Redefining restaurant operations (YC S15)

Plate IQ is changing how $702B hospitality industry operates. We leverage OCR, machine learning, and real-time analytics to automate the back-office & provide pricing transparency to increase profits in what has notoriously been a low-margin industry. With Plate IQ, restaurants pay invoices, track inventory and understand their spend. We can tell in real time, how much a restaurant is spending on a specific item or better yet how much they should charge to make a profit on a dish when prices of ingredient goes up.

We are process over $2BB of restaurant purchases a year, tracking prices for over 1MM different products from over 30K suppliers. We have meaningful revenues and have doubled our customers in the last 4 months.
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Data Scientist

Service Operations Associate

Product Manager

Product management experience in Mobile and experience in hospitality operations.
Co-Founder Plate IQ, Co-Founder @Automatic • Worked at @Research In Motion, @Motorola • Studied at @Rutgers University, New Brunswick
Total raised

$5.3M

Funded over

2 rounds

Latest round

Seed (Dec 2016)