ⓘ Featured Image: Co-founders of FineDine: Duygu Kutluoglu Kilic (L) and Adil Burak Kilic
Istanbul, Turkey-based FineDine, an AI-driven online ordering and restaurant management platform, on Wednesday (29 July) announced that it has raised $600,000 in a Pre-Series A round led by 500 Startups Istanbul, TechOne VC, twozero VC, Savour VC, and a clutch of angel investors including Hande Enes, Cenk Serdar, and Lovrenc Kessler.
FineDine has been an alumnus of 500 Startups’ Accelerator Program in San Francisco (Batch 23) and has raised an undisclosed amount of funds from 500 Startups’ Instanbul and also from Turkish angel investors Firat Isbeccer and Hande Enes.
Founded by Duygu Kutluoglu Kilic and Adil Burak Kilic in Istanbul, Turkey in 2016, FineDine is a SaaS menu management platform for restaurants, cafes, bars and hotels that helps accelerate sales and customer retention by digitizing the dining experience with interactive digital tablet menus. It is also a time-saving synergy that enables self-ordering and prevents discrepancy between the diner and the kitchen. The platform also comes with analytics that helps restaurant managers make smart decisions based on historical data to ultimately improve service performance.
FineDine claims to be serving over 1200 customers across 64 countries
Commenting on the investment round, Dugyu, Co-founder & CEO of FineDine in a statement said,
“COVID-19 pandemic affected many businesses. The restaurant industry had one of the most significant hits. The change of regulations and consumer demand is forcing restaurants to digitize their operations rapidly, and FineDine products fit perfectly with restaurants’ new requirements. We are excited about this investment round. We will use the funds to continue developing our AI module and grow faster in the countries we operate.”
“I especially want to thank Rina from 500 Startups and Hande Enes for their support during the chaotic pandemic. Their support was priceless and showed that having supportive strategic partners makes us more powerful than having money.”