FineDine Receives $500,000 Investment

FineDine announced that it has received 500 thousand dollars in the bridge investment round. FineDine, known as the restaurant management platform, received an investment of 600 thousand dollars in July 2020. FineDine will expand its services even more by receiving a new investment. Angel investor Lovrenc Kessler, TechOne, hiVC and TwoZero participated in the platform's bridge investment round. The startup will use the investment to expand globally and expand the use of new products. The startup's investors are Lovrenc Kessler, 500 Startups, twozero Ventures, Hande Enes, hiVC and angel investors Fırat İşbecer, Cenk Serdar, TechOne VC and Savour VC.

Also See: Humani Receives $2.2 Million Investment

FineDine Expands Services

FineDine serves in more than 70 countries. It offers 40 different language options and offers both payment and ordering solutions focused on artificial intelligence. The startup was founded in 2016 by Duygu Kutluoğlu and Adil Burak Kılıç. FineDine provides SaaS products to restaurants for AI-driven ordering and payment infrastructure. The startup aims to increase the revenue of restaurants and maximize customer satisfaction with tablet menu, online ordering, QR menu and fast payment. It provides services to many important brands in Turkey and abroad. We can list some of the brands that FineDine serves as follows: Nusr-Et, Armani Hotels, Hyatt Regency, D.Ream Group, St. Regis, Pera Palace, Godiva, Four Seasons, The Marmara and Hilton.

FineDine co-founder and CEO Duygu Kutluoğlu Kılıç made important statements about the investment they received: Duygu Kutluoğlu Kılıç stated that as a company; they increase the earnings of the restaurants they serve. She stated that they play an active role in ensuring customer satisfaction of restaurants. She also emphasized that their company continues to grow despite being affected by the Covid-19 pandemic. She added that they are constantly transforming both value and products. She said that they are now among the globally prominent businesses in the sector. With an investment of 500 thousand dollars, they will continue to grow in the global market. The company will also expand the use of new products. A commission-based revenue model will be added to the SaaS revenue model.