Lavu

Lavu is a computer software company that specializes in the fields of the business management system, restaurant software, and point of sale. Its cloud-based iPad point of sale system offers all the functionality of a traditional system, with all the customizability and flexibility modern technology provides. It was founded in 2010 and headquartered in Albuquerque, New Mexico.

2 past transactions

Sourcery Technologies

Acquisition in 2019
Sourcery is developing a payments and commerce platform that focuses on the wholesale foodservice industry, a $220B market that still runs on 1980s technology: buyers search for products in paper catalogs, submit orders by fax or phone, and deal with paper invoices and checks. Sourcery's platform brings all of these transactions online. Sourcery enables companies of all sizes to handle their AP needs in one place. We turn a stack of invoices into a boatload of insights automagically. We work with leading restaurateurs, operators and accountants to build the best accounts payable solution for the industry. Owners and executives of multi-unit restaurant organizations rely on Sourcery to provide a scalable solution to help them create efficiencies, and, ultimately, grow their business, while impacting their bottom line. Sourcery integrates with most accounting software and restaurant management applications. We use a combination of computation and human verification to have the best in class extraction of structured data from invoices down the the line item. Our data analytics automatically detect anomalies and notify purchasers about rising prices. Customers include Palantir, Dropbox, Airbnb, Stripe as well as restaurants, caterers, and other food businesses. Call toll free on +1-(866)830-0691

MenuDrive

Acquisition in 2019
MenuDrive empowers restaurants and caterers to provide their own branded online ordering system. They provide the ability for restaurant owners and operators to add eCommerce to their business, so that customers can order online for pickup and delivery, allowing for greater customer satisfaction, driving sales beyond the four walls of their stores.
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