Plate IQ is helping restaurants transform their operations with beautiful modern tools and data. We are a small and diverse team with a good mix of engineers and team members with restaurant experience. We help hundreds of small to medium sized restaurants from michelin 3 stars and regional chains to mom and pop operations. Some of the problems we are trying to solve now are
Why can't restaurants just search for the best priced chicken instead of calling up a dozen suppliers?,
Can there be a searchable archive of all the data restaurants generate ?,
How can we perfectly digitize millions of invoices
We work with 1000s of restaurants across the country. Every Jamba Juice in the west coast, Michelin Stars like French Laundry , Regional chains like TenderGreens/MixtGreens, all the way to the Halal Guys in NYC. We are the only restaurant focused payment network and we process $4BB of invoices a year.
We have been growing 8-10% MoM over the last 2 years ( 8x cumulative growth in the last 2 years ) and we expect to do so in the near future. We have never given the product for free from day 1, so we have meaningful revenues and are on the path to be profitable in 2019.
We work on some real hard problems in machine learning, product, design, operations. Processing invoices at scale and turning them into queryable, normalized data involves leveraging a wide range of tools from Deep Learning, Distributed Systems, to optimizing human labor. We are a small engineering team tackling some real world problems
Founders have had a successful exit before. Automatic Labs ( YC S15, Acq. Sirius XM - $115MM, Poynt )
We are broadly divided into 2 teams, Product and Data Engineering. Product is responsible for the customer facing UI
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