Digitizing The Kitchen: VCs Turn Up the Heat on Restaurant Tech Investment
30th March 2022
Restaurant employees are under more pressure than ever in a competitive market with razor-thin margins, Struck said. “You also have a massive sort of restaurant labor shortage. So people are trying to use core technology innovation to just streamline operations.”
In an industry where many kitchens run on paper orders and recipes printed from Word documents, restaurant tech companies are seeing more opportunities in the back of the house. By digitizing the kitchen, a restaurant can not only store recipes, track orders and manage inventory, but also reduce food waste, cut costs and tap new revenue streams.
In our favorite restaurant, the Red Truck Café, servers take orders on an electronic device that transmits the details of the order, identified by table, back to the kitchen automatically. When the food is ready, whoever is on hand brings it out to your table. It’s very efficient.