BentoBox

BentoBox

Digital platform for restaurant operations

About BentoBox

Simplify's Rating
Why BentoBox is rated
B
Rated B on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Food & Agriculture

Consumer Software

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$54M

Headquarters

New York City, New York

Founded

2013

Overview

BentoBox provides a digital platform specifically designed for the restaurant industry, catering to a variety of clients such as neighborhood restaurants, fine dining, fast-casual eateries, bars, and food trucks. The platform offers a range of services including website design, online ordering, and marketing tools, which help restaurants enhance their online presence and streamline their operations. BentoBox generates revenue through subscription fees and transaction fees from online orders. A key feature of BentoBox is its reliability, with a 99.9% uptime, ensuring that restaurants can rely on its services without interruptions. The company focuses on delivering value, providing strong support, and maintaining transparency, with the goal of improving the interactions between restaurants and their guests.

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Simplify's Take

What believers are saying

  • Integration with AI-driven personalization tools can enhance customer experience and engagement.
  • The rise of ghost kitchens presents an opportunity for platform expansion and growth.
  • Demand for contactless payment solutions aligns with BentoBox's digital offerings.

What critics are saying

  • Emerging competitors offering similar services at lower costs could erode market share.
  • Restaurants developing in-house digital solutions may reduce demand for BentoBox's platform.
  • Economic pressures on restaurants could impact BentoBox's subscription and transaction revenue.

What makes BentoBox unique

  • BentoBox offers a comprehensive digital platform tailored specifically for the restaurant industry.
  • The platform disrupts third-party services, prioritizing direct restaurant-to-guest interactions.
  • BentoBox's reliability is proven with a 99.9% uptime over the past 90 days.

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Funding

Total Funding

$54M

Meets

Industry Average

Funded Over

5 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Company News

U.S. Securities and Exchange Commission
Apr 18th, 2024
SEC FORM D

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.The reader should not assume that the information is accurate and complete.

Fiserv
Apr 18th, 2024
Fiserv Completes Acquisition of BentoBox - Fiserv, Inc.

BROOKFIELD, Wis. --(BUSINESS WIRE)--Nov. 22, 2021-- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced the completion of its acquisition of BentoBox. “Closing this transaction further expands our Clover ® dining solutions

MarTech Series
Feb 1st, 2024
Bentobox Introduces The Bentobox Marketing & Commerce Platform, An All-In-One Restaurant Commerce Engine

The first platform in the hospitality industry to put diners at the center of how restaurants operate, so restaurants can create better experiences and grow their businessBentoBox, the Official Restaurant Technology Partner of the James Beard Foundation (JBF), has launched the BentoBox Marketing & Commerce Platform, an all-in-one restaurant commerce engine—encompassing modules for websites, online ordering, reservations, and events management—that will engage diners and keep them coming back.Starting today, restaurant operators can leverage the BentoBox Marketing & Commerce Platform to stand out from the competition and bring in more business, sell during and after business hours to boost profits, connect with diners between visits, and operate more efficiently to improve their bottom line.This announcement includes the introduction of BentoCore, the heart of the platform that houses a restaurant’s diner data and centralizes menu information, marketing tools, and branding materials. BentoCore powers diner-facing modules that restaurants can activate based on their needs, including Restaurant Website, Takeout & Delivery, Digital Waitlist, Online Catering, Events Management, Reservations, Gift Cards, and QR Code Order & Pay. The activation of more modules allows BentoCore to collect more data, providing a fuller view of restaurant’s diners and overall business performance, enabling more targeted marketing and smarter hospitality.Marketing Technology News: Optimove NFL Betting Trend Data Reveals Volume of Bets Increase During Playoffs, Average Bet Amount DeclinesKey features of BentoCore include:Diner Database: Gives restaurants a unified view of their diners. It collects and stores data from diner interactions with a restaurant’s website, online ordering, reservations, and more, which restaurants can then use to create more personalized marketing and hospitality experiences. Menu Management: Allows restaurants to centrally manage all of their menus and menu items, taking a one-and-done approach. Whenever a restaurant needs to make a change to a menu, they only need to do it once and the menu will automatically update everywhere it shows up online

PYMNTS
Nov 28th, 2023
Restaurants Add New Fees To Drive Employee Retention Amid Inflation

As restaurants look for ways to drive employee satisfaction amid inflation, tips are not the only added payments that operators are leveraging. In an interview with PYMNTS, Chef Ana Castro of New Orleans Mexican restaurant Lengua Madre noted that the eatery has introduced a 4% “wellness fee,” optional for customers, to cover rising costs of health insurance and benefits for employees. She added that, while this fee rubs certain customers the wrong way, further increasing menu prices could alienate consumers. “For the time being I think that wellness fee is going to stay until we can figure out another way. With inflation, everything is way more expensive,” Castro said. “You already have to raise prices, so if you were to tack on that fee, it would be like vroom

BentoBox
Oct 31st, 2023
National Restaurant Workers Day at the James Beard House

As part of its celebrations of the event, BentoBox partnered with the James Beard Foundation to host a talk on how restaurant workers can develop hard and soft skills, craft career paths, and lead effective teams.

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