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Providence, RI
Upserve puts everything restaurateurs need to know in one place, providing real-time guidance to empower local restaurants to unlock their full potential. One of the largest and fastestĀ­-growing companies in the restaurant technology space, nearly 8,000 restaurants use Upserve to manage more than 25 million meals per month. Its Breadcrumb POS product is the leading cloud-based iPad point of sale software for full-service restaurants. More than 2% of all U.S. full-service restaurant sales run on Upserve Payments, which processes over ten billion dollars in annual volume. And thousands of restaurants use Upserve HQ, the most powerful “big data” management tool for restaurants. The company is in hyper-growth, with a vertical SaaS model focused on the large market of nearly 1 million U.S. restaurants. Upserve benefits from large scale, a multi-product portfolio, high net revenue retention, an experienced leadership team and an efficient go-to-market. Upserve CEO and Founder Angus Davis is a serial entrepreneur, having previously co-founded Tellme Networks (acquired by Microsoft in 2007 for $900 mm) after serving as Netscape’s youngest employee in the late 1990s. Upserve is backed by First Round Capital, Shasta Ventures, Index Ventures, Pritzker Group and Greylock Partners, among others. Upserve is headquartered in Providence, Rhode Island with additional offices in San Francisco and New York.