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The Venture Codex

In Good Company Hospitality

417 5th Ave. Suite 832, New York, NY, 10016, United States

Overview

In Good Company Hospitality is committed to creating vibrant and unparalleled hospitality destinations.

Total investments
2
Lead investments
0
Investments · 12mo
0
Active investors
0

Sector focus

  • Coworking
  • Events
  • Hospitality
  • Restaurants
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Investment portfolio

  • Tablz

    Participated · Seed · Jun 2022

    Tablz is an Ottawa-founded startup founded in 2021 that uses 3D seating technology to let diners pay between $5 and $100 to choose the exact table when making a reservation. The opt-in platform applies variable pricing by time and day and gives restaurants 70 percent of fees to create a new, net-new revenue stream. Tablz completed a pilot that saw over 2,500 tables booked through its platform and says it already serves restaurants in Toronto, Chicago, New York, and Miami, with plans to expand to Dubai. The team aims to have 100 marquee properties using Tablz by the end of 2022 and is working with hospitality groups and some major chains. The startup used proceeds from a partial sale of its prior venture, Transparent Kitchen, to finance development and early operations and has since raised institutional funding to scale. Tablz positions its product as an alternative to flat pricing models and emphasizes the service is voluntary for restaurants and diners.

  • MarginEdge

    Participated · Series A · Oct 2019

    Founded in 2015 and headquartered in Arlington, VA, MarginEdge provides an AI-driven platform that connects restaurants’ accounting and point-of-sale systems and automates invoice data capture and reporting. The company processes about 300,000 invoices per week across roughly 12,000 restaurants, including customers such as Cava and Maman. MarginEdge employs a human-in-the-loop model to ensure data accuracy, supporting a workforce of roughly 900 people (about 300 in the U.S. and 600 overseas). It sells both software and hardware, including scales that upload inventory weights to the platform, and has integrated with chatbot tools like Claude and ChatGPT. Upcoming product releases include “Smart Prep,” which uses historical sales data to guide food prep and reduce waste. The company has raised approximately $162 million in total funding to date.

Team

No current team members are available.