Restaurant & Bar Support Fund officially launches in Ontario

The Fund aims to raise $5 million to help a minimum of 1,000 food and beverage establishments across the province in 2021 The Ontario Restaurant and Bar Support Fund has officially launched with the aim of offering financial support to the province’s struggling foodservice operations. The Fund is a registered not-for-profit organization intent on saving […]

TouchBistro raises $72 million, led by OMERS Ventures and JPMorgan Chase & Co.

Press Release TouchBistro today announced that it has raised $72 million in Series D financing. The round was led by OMERS Ventures and JPMorgan Chase, with participation from existing investors, including Napier Park Financial Partners, Recruit Holdings Co, Ltd, BDC IT Venture Fund, and Relay Ventures. The new funds will be used to support development […]

7shifts secures US$3.5 million in funding to advance scheduling and communication for restaurants

Press release Tandem Capital and Relay Ventures lead the investment in 7shifts, which tripled revenue in 12 months, and in six months doubled the monthly shifts scheduled to two million 7shifts, which is working to transform scheduling, communication, and labor-cost control for more than one million restaurants in North America, has announced that it has secured US$3.5 […]