WASHINGTON, Feb. 26, 2019 /PRNewswire-PRWeb/ -- Hostme, the modern and intelligent restaurant reservation and table management solution, has received a $1.3 million investment from an accredited private investment entity.
"We view this funding as another vote of confidence from market watchers that Hostme truly is solving one of restaurant owners' biggest pain points: an affordable, reliable, seamless reservation and table management system," said Hostme CEO & Co-Founder Evgeny Popov.
The funding will enable Hostme to ramp up its B2B sales and marketing as it reaches out to additional restaurant owners and operators in targeted metro areas, including Washington, D.C.; Orlando, FL; London, UK. "We will focus on building strong partnerships, grow our resellers network, and strengthen and expand our Hostme product capabilities," explains Popov. "Our company already has a presence on all five continents, but we have raised our market penetration goals for 2019."
The restaurant reservation scene is rapidly changing and Hostme is disrupting the industry by offering an affordable and modern restaurant management system. Hostme has developed an intuitive, award-winning UI/UX with all the features restaurant owners need. This technology paired with the digital transformation of the restaurant industry is an excellent market opportunity.
"Hostme is more than simply a solid and competitive product," said Popov. "We serve a customer base — from enterprise scale to small independents — that's truly hungry for a reservation solution that brings in customers efficiently without costing a fortune. Restaurants want to embrace digital transformation to remain competitive, but they don't want to go broke doing it."
Hostme's co-founders based their company on the core belief that digital tools should be solutions, not obstacles. They work with thousands of restaurant owners and operators while developing the underlying technology for the Hostme app and related systems, to reality-check the platform and tailor it to today's table management environment.
"Our message to restaurant entrepreneurs is simple," added Popov. "Hostme exists to streamline your reservation process and grow your revenue — for a fraction of what you'd spend on competing platforms."
About Hostme
Founded in 2014 and based in Washington, D.C., Hostme provides restaurant owners and operators around the world with fast, intuitive, and flexible front-of-the-house systems for restaurants at a sensible price point. These include smart table management capabilities, including online reservations and waitlisting, table assignment and server rotation, plus analytics reporting.
SOURCE On The Marc Media
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