SynergySuite
Financials
Estimates*
USD | 2019 | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|---|
Revenues | 6.9m | 9.0m | 14.7m | 16.6m | 16.6m |
% growth | - | 31 % | 63 % | 13 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
€1.9m | Early VC | ||
$6.0m | Series A | ||
N/A | Late VC | ||
$7.0m | Late VC | ||
N/A | N/A | Late VC | |
Total Funding | AUD23.3m |
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Recent News about SynergySuite
EditSynergySuite is a comprehensive restaurant management software solution designed to streamline back-of-house operations for the foodservice industry. Serving a diverse range of clients from small eateries to large restaurant chains, SynergySuite operates in the restaurant management software market. The business model is SaaS (Software as a Service), where clients subscribe to use the software on a recurring basis. The company generates revenue through subscription fees, offering various pricing tiers based on the features and scale of usage.
SynergySuite's platform is mobile-friendly and cloud-based, allowing restaurant managers to oversee inventory, purchasing, employee scheduling, and more from a single interface. This integration replaces the need for multiple disparate systems, thereby saving time and reducing complexity. Key features include labor management, inventory tracking, analytics tools, and COVID-19 sanitation and employee health tools. The software helps clients improve profitability by 3-6% through better cost control and operational efficiency.
Keywords: restaurant management, inventory tracking, labor scheduling, cloud-based software, mobile-friendly, cost control, analytics tools, SaaS, profitability, foodservice industry.