Tock
406 N. Sangamon Street Floor 3, Chicago, Illinois, 60642, United States
Overview
Tock provides a unified cloud platform for reservations, event bookings, CRM, and carryout operations for restaurants, wineries, and pop-ups. As of February it served nearly 3,000 venues across 28 countries in over 200 cities and has seated tens of millions of guests. The company has booked nearly $1 billion of pre-paid reservations, deposits, and events and has enabled the service of 1 million To Go meals. During the COVID-19 pandemic Tock rapidly built and deployed Tock to Go to enable pickup and delivery, adding nearly 1,000 restaurants in April alone and allowing millions of diners to access elevated carryout and delivery. Tock charges a flat 3% fee for carryout service versus over 25% charged by many third-party delivery apps. Upcoming product initiatives cited in the announcement include a digital concierge called Tock Time and a JPMorgan Chase integration to launch Ultimate Rewards Dining, plus tools for contactless payment, dual dine-in and carryout operations, data-driven reporting, and marketing integrations. Tock provides a cloud-based reservations, table management, CRM, and marketing integration platform for restaurants, wineries, pop-ups, and events. Its technology-agnostic system works on any device and integrates bookings across Google, Instagram, Facebook, Maps, and the Tock app. The company powers nearly 1,000 restaurants in 23 countries and hundreds of wineries and event-based businesses, and has seated millions of guests through free reservations. Tock has also booked $369M in prepaid experiences, which the company highlights as an industry first. It maintains an exclusive partnership with Chase Pay to enable bookings using Chase cards and Ultimate Rewards points. The company says the new funding will accelerate growth and expand its offerings into other hospitality sectors.
- Total raised
- $20M
- Funding rounds
- 2
- Latest round
- Equity
- Latest activity
- May 2020
Industries
- Cloud Data Services
- Food and Beverage
- Hospitality
- Restaurants
- Software
Recent funding
Equity
May 2020
$10M
Equity
Nov 2018
$10M