Qu, a cloud-based POS system for limited-service restaurants, has landed an investment from Enlightened Hospitality Investments (EHI), the fund run by Union Square Hospitality Group founder and Chairman Danny Meyer.
Terms of the deal were not disclosed. It’s the 22nd investment for EHI, which focuses on restaurants and restaurant tech suppliers.
Qu offers what it calls a “unified commerce platform” that is designed to streamline restaurants’ tech infrastructure, which tends to be a patchwork of apps built atop older POS systems. It captures and relays every order from any channel, from the moment the order is placed until it is served to the guest. It also centralizes menu management, allowing operators to make menu and pricing changes across multiple locations and ordering platforms at once.
The company checked a lot of boxes for EHI, which looks for technology that it believes can enhance hospitality in restaurants rather than take it away.
“What we love about Qu is that it basically centralizes both on-premise and off-premise ordering channels into one platform,” Meyer said in an interview. “We believe [operators] will have the opportunity to spend much more of their time with their staff members and their guests and a lot less time trying to rationalize, say, a pricing change.” Source: Restaurant Business