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Synopsis
Lightspeed Venture Partners, a venture capital firm, led a $11m Series A round in Table22, a provider of revenue-expanding e-commerce tools, with participation from Footwork, Forerunner Ventures, Alt Capital, and Red Sea Ventures. "At Table22, we believe that food & beverage businesses have the opportunity to serve their customers in a wide variety of compelling — and profitable — new ways. Our platform represents an entirely new selling paradigm for this essential, beloved industry — one that helps owners to 'expand the pie' with untapped revenue and offering categories; to transform the productive capacity of cost centers like prep shifts and off hours; and to drive more loyalty and brand affinity with their customers. We are thrilled to partner with Lightspeed on this round, and look forward to continuing to invest behind the success of our growing base of merchant partners around the US," Sam Bernstein, Table22 Founder & CEO.
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