Allo raises 1.4 million euros
Marius Ochs
| 16.12.2022
The Munich-based start-up wants to digitize restaurants and support restaurateurs during start-up. Martin Enderle from Delivery Hero also invests.
Munich-based software-as-a-service company Allo raises €1.4 million. The money comes mainly from London-based Keen Venture Partners, which led the round. But angel investors such as Martin Enderle, chairman of the supervisory board at Delivery Hero, also invested in the company.
With the fresh capital, the three founders plan to grow the company and expand throughout Germany. Cancan Liu, Teodor Rupi and Benedikt von Lewinski founded the start-up in 2020 with the aim of providing local restaurants with digital options comparable to those of large franchise restaurants.
Allo offers two models in this regard. The smaller one is aimed at cafés, bubble tea chains or fast food cafés and costs 59 euros a month. The more comprehensive package is aimed at medium-sized restaurants and cafés and costs 99 euros a month. Reservation management, marketing and franchise management then join functions such as the POS system, digital floor plan or cash book.
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Startup
2011
Berlin
Delivery Hero
Online food ordering and delivery marketplaces.
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