Founded in 2019, Last.app, has closed €2.2 million for its software that is simplifying the day-to-day operations and management of restaurants.
The round was led by All Iron Ventures, with support from Portuguese venture capital fund Bynd and prime level Spanish business angels.
Founded in Barcelona by former Glovo employees, the startup develops and markets software that makes it easier to manage hospitality businesses – including restaurants, restaurant chains, dark kitchens and so on. Last.app is pioneering the management ecosystem for restaurants with its tech that adapts to the ever-changing reality of the sector, thanks to its multi-platform capabilities, its POS, delivery integrator and online shop.
Already present in more than 80 Spanish cities, Last.app has a prestigious portfolio of clients across Spain – including PadThaiWok, Tony Roma’s, Carl’s Jr and Miss Sushi.
“With this round we begin a new phase, whose main mission will be to mass-market an ecosystem of unique and in continuous improvement tools in the market. The current focus is Spain, but once the foundations for growth have been laid out, we will replicate the model in other countries”, says Eric Nikolic, co-founder and CEO of Last.app
The young startup wants to be part of the accelerating tech revolution in the hospitality industry, transforming the way restaurants operate and automate processes. Last.app provides restaurants of all sizes a flexible solution that allows them to be agile. It’s been a rollercoaster couple of years for the hospitality sector which has had to juggle the uncertainties of lockdowns, curfews and pandemic restrictions. Last.app will help restaurants adapt to these situations and optimize management.
On a mission to establish itself as the best tech-ally for restaurants, this fresh funding will be used to consolidate Last.app’s position on the Spanish market, before expanding the software to international markets. In addition, it will help scale up hiring in the technology, customer service, sales and marketing areas.
Last.app also want to grow its product portfolio and enhance its current platform to continually add new features to support a dynamic industry.
The alignment of tech and hospitality sectors is certainly an exciting growth area for the year to come with lots of new innovations on the way!