Gastrofix develops a cloud-based point-of-sale (POS) system for tablets that serves restaurants, cafés, bars, bakeries and franchise chains. Led by CEO Dirk Owerfeldt, its product covers the whole hospitality industry and runs on tablet devices. The company has sold more than 10,000 POS systems across Germany, Austria, Switzerland, the Netherlands, Norway and the USA. Gastrofix raised €8m in a Series B funding round. The company intends to use the funds to continue to expand its operations. Its customer footprint spans multiple European markets and the United States, reflecting international traction for its POS platform. Gastrofix develops a point-of-sale (POS) system for Apple iPad, iPhone and iPod with a cloud-based ERP backend. Its solution serves the full hospitality industry, from cafes, bars and bakeries to fine dining, catering, canteens and franchise restaurant chains. The company also offers a white label/OEM solution enabling partners in retail and services to market and deploy their own POS systems. Gastrofix has sold over 6,000 POS SaaS licenses in Europe, while OEM partners with more than 100,000 customers in 15 countries have licensed its POS technology. Led by CEO Dirk Owerfeldt, the company plans to use new funding to accelerate growth and strengthen its position in the cloud-based POS market.

Total raised

$13M

Funding rounds

2

Latest round

Series B

Latest activity

Feb 2017