Redefining restaurant operations (YC S15)
Plate IQ's mission to transforms how restaurants operate with beautiful modern tools and insightful data. At Plate IQ, you would join a diverse team dedicated to bringing the tools and analytics, only available to large chains until now, to every restaurant in the country.
Here's more info about us: https://docs.google.com/presentation/d/1K5mMxFqpqVg-6DcjAnWQ0RKeKetMxgGowb63LZsIVLA/edit?usp=sharing
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.