Zak
Rua do Rocio north 84, room 02, 11th floor, vila olimpia, Sao Paulo, 04552-000, Brazil
Overview
Zak is an all-in-one management tool for the food-service market that provides a 360-degree view of restaurants, including point-of-sale, back-office tools and payment processing for offline and online sales. It integrates with aggregators such as iFood, Uber Eats and Rappi and works with more than 300 restaurants across São Paulo. The company began as Mimic in 2018 in Brazil and pivoted to Zak to serve restaurants with digital and financial capabilities at zero fixed cost. Zak plans to expand across Brazil (Rio de Janeiro, Belo Horizonte, Campinas, Brasília and Salvador) and enter Latin America starting with Mexico, while adding services like CRM and marketing automation. It is also moving to become an embedded finance company offering digital wallets, invoicing and capital to restaurants. Zak grew its revenue base fourfold in the past year and is processing roughly $100 million in payments through its platform each month, with expectations to exceed $350 million in payments through the platform within 12 months. The company had 162 employees and plans to double the team by the end of 2022.
- Total raised
- $15M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Nov 2021
Industries
- FinTech
- Payments
- Point of Sale
- Restaurants
Recent funding
Series A
Nov 2021
$15M