allO raises 14 million US dollars and wants to transform the restaurant industry with AI employees

Munich-based FoodTech allO has completed a Series A financing round of 14 million US dollars. The company intends to use the capital to further develop its AI-native platform for restaurants and roll out digital AI employees across Europe.

14 million US dollars for the next growth phase

The financing round is led by US investor Zigg Capital. New investors LifeX Ventures, Aperture and Wecken & Cie. as well as existing investors 20VC and Keen Venture Partners are also participating. The business angels include Marley Spoon co-founder Fabian Siegel, fintech investor Mark Ransford and Ludwig Fuchs, founder of Realtime Technology AG.

AllO intends to use the fresh capital to drive its expansion in Europe and accelerate the development of a new generation of AI-supported restaurant software.

From scan-to-order tool to AI platform

allO was founded at the end of 2020 by Cancan Liu, Teodor Rupi and Benedikt von Lewinski. The company originally developed a scan-to-order solution for restaurants during the pandemic.

However, the founding team quickly realized that the main problem was not the ordering process itself, but the often outdated and fragmented software landscape in the restaurant industry. As a result, allO developed an integrated platform that combines POS systems, payment processing, reservations, delivery services, web stores and back-office processes in one system.

Today, more than 1,000 restaurant locations in Germany use the software. Since the seed round in 2024, the number of locations has increased six-fold, while sales have grown 3.5-fold. Around 30 percent of new customers now come via recommendations from existing customers.

AI employees instead of additional software

With the financing round, allO is also introducing its first digital AI employee: the Reservation and Ordering Agent. The voice-based assistant answers incoming calls, takes reservations and processes takeaway orders automatically. The data is transferred directly to allO's operating system.

Further AI agents are already in development. Plans include

• an inventory agent that automatically triggers orders from suppliers and monitors goods consumption,
• a Menu Agent that updates menus across all channels and identifies optimization potential for margins and sales figures.

Restaurant operators don't want to learn new software. They want to get the job done.

Cancan Liu, founder and CEO of allO

The aim is to develop digital employees who can take on operational tasks independently.

Previously neglected market

At the start, allO focused in particular on restaurants with international cuisine. According to the company, these account for around 70 percent of all restaurants in Germany, but have long been neglected by traditional software providers. Many existing systems were not designed for multilingual teams, complex menu structures or the simultaneous management of on-site business and delivery services.

In the meantime, allO is expanding its focus to other restaurant concepts that are struggling with similar challenges - including a shortage of skilled staff, complex operating processes and increasing cost pressure.

Investors see new category emerging

For lead investor Zigg Capital, the approach goes far beyond traditional POS software. Elizabeth Chrystal, Principal at Zigg Capital and former CFO of the Momofuku restaurant chain, sees allO as the basis for a new software category:

While most AI solutions only see a small part of a restaurant's data, allO has a holistic view of all processes. This is what makes truly autonomous restaurant operations possible in the first place.

Elizabeth Chrystal, Principal Zigg Capital

Expansion planned in Europe

With the new financing, allO intends to expand its market presence in Europe and launch further AI agents on the market.

In the future, allO envisions restaurants no longer working with a multitude of individual software solutions, but instead relying on a central operating system that automates operational tasks and relieves employees. In view of the increasing shortage of skilled workers and rising efficiency requirements, this approach could become an important competitive factor for many restaurants. The economic environment also appears to be having a significant impact on guests' consumer behavior, meaning that restaurateurs are having to break new ground.