Munich-based restaurant SaaS startup allO has raised $14 million in a Series A round backed by Zigg Capital, LifeX Ventures, Aperture Capital, Wecken & Cie., with continued participation from 20VC and Keen Venture Partners.
- Founded in 2020 by Cancan Liu, Teodor Rupi, and Benedikt v. Lewinski, allO builds a restaurant software platform that integrates POS, payments, ordering, reservations, and back-office operations into a single system.
- The product is currently used across more than 1,000 restaurant locations in Germany and has grown steadily since its seed round, with a notable portion of new customers coming through referrals.
- The platform is designed to replace fragmented tools and manual coordination by consolidating all core operational data and workflows in one place.
- On top of this infrastructure, allO layers AI agents that execute day-to-day operational tasks. Its first deployed agent handles incoming phone calls and converts them into reservations or orders, which are automatically recorded in the system.
- The software can be implemented in under 30 minutes, and operators use a single interface to manage multiple locations, payments, and daily operations without switching between separate tools.
- In 2024, the company raised a $5 million seed round led by 20VC, with participation from Keen Venture Partners, NL Startup Fund, 20Growth, and 20Product, to support its early expansion across Germany.
Details of the deal
- The new funding will be used to expand across European markets and accelerate development of its AI agent suite, including tools for reservations, ordering, inventory management, and menu optimization, with the goal of automating routine restaurant operations within a unified system.
“While most AI tools see only a sliver of a restaurant’s data, allO sees everything and that’s what makes truly autonomous operations possible. We believe allO will define this category in Europe and beyond,” explains Elizabeth Chrystal, Principal at Zigg Capital.
