Explorex Technologies Analysis: $5M Raised
What is Explorex Technologies?
Explorex Technologies offers a full-stack operating system for restaurants, streamlining management, enhancing customer service, and supporting operational growth through integrated solutions.
Employees
18
Founded
2020
Revenue
$9.4M
Business Model
Monthly or annual fees from restaurants for integrated management solutions.
Product Features & Capabilities
- Front of the House, Digital Menu, Automated Ordering, Integrated POS/mPOS, Integrated Payments, Inventory Management, Detailed Analytics & Reporting, Customer Re-engagement Tool, Third Party Delivery Integration
Pricing
- Initial setup fee for restaurants.
- Per-transaction Merchant Discount Rate (MDR) charge.
- Pricing model prioritizes restaurant perspective based on table turnover and transaction volumes.
How much Explorex Technologies raised
1 - $5 million
October 11, 2022Lead Investor: Taher Savliwala, Kevin Lin (Twitch co-founder), among others.
Who are the founders of Explorex Technologies
Market Focus
Explorex Technologies primarily focuses on the restaurant industry, providing a full-stack operating system to manage restaurant operations efficiently, including aspects like ordering and payment processing.
Investors
- Y Combinator
- WorldQuant Ventures
- z21 Ventures
- Pioneer Fund
- Taher Savliwala (Super Angel)
- 34 other investors
Competitors Overview
Explorex Technologies faces competition from several notable companies in the restaurant management software market. The main competitors include:
- Toast: An all-in-one restaurant POS system that integrates various functionalities such as loyalty programs and online ordering. Toast has a stro
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