ResQ

ResQ

Maintenance operations platform with vendor marketplace

Overview

ResQ provides a platform for managing repair and maintenance operations across multi-location businesses. It lets teams create work orders via category or by scanning a QR code on equipment, route them for approval, and hire vendors from a vetted marketplace or use preferred vendors. Revenue comes from a subscription to access the platform plus potential transaction fees when vendors are hired through the marketplace. Real-time data and insights help businesses spot savings opportunities, reduce repair costs, and improve operational efficiency. The platform offers a 360-degree view of operations and centralized communication to align stakeholders and support sustained growth.

About ResQ

Simplify's Rating
Why ResQ is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Industrial & Manufacturing

Enterprise Software

Company Size

51-200

Company Stage

Series A

Total Funding

$48M

Headquarters

Toronto, Canada

Founded

2018

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People at ResQ who can refer or advise you

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Simplify's Take

What believers are saying

  • ResQ's platform cuts annual maintenance spend 10-15% on average.
  • It reduces back-of-house costs up to 20% and boosts productivity.
  • Restaurant365 partnership expands distribution into existing restaurant software customers.

What critics are saying

  • MaintainX, Fiix, and Limble compete directly with broader enterprise positioning.
  • Vendor-supply shortages break ResQ's end-to-end repair fulfillment promise.
  • Restaurant chain slowdowns reduce repair volume and subscription urgency.

What makes ResQ unique

  • Restaurant-specific repair workflows beat generic CMMS tools.
  • Vetted vendor marketplace plus internal technician support in one platform.
  • Trusted by 4,000-plus restaurant groups, including KFC and Tim Hortons.

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Funding

Total Funding

$48M

Above

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$30M
Kalshi
$39M
ResQ

Benefits

Flexible Work Hours

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

0%

2 year growth

-1%
BetaKit
Oct 13th, 2021
ResQ raises $48 million CAD to bolster restaurant repair and maintenance platform

Toronto-based SaaS startup ResQ has raised $48.5 million CAD ($39 million USD) from a Series A funding round. Co-led by Tiger Global and Canvas Ventures, the raise also saw participation from other investors in the culinary, restaurant technology, and e-commerce industries.

PitchBook
Oct 13th, 2021
Tiger Global Management, LLC invests into GetResQ | App for Restaurant Equipment Repair in $39M

Restaurant tech startup ResQ has raised $39 million in Series A funding co-led by Tiger Global and Canvas Ventures.

Latest Nigerian News
Oct 12th, 2021
Canvas Ventures invests into GetResQ | App for Restaurant Equipment Repair in $39M

ResQ, which does end-to-end equipment repairs for over 4,000 restaurant groupsfrom Taco Bell to Tim Hortonshas raised a $39 million Series A co-led by Tiger Global and Canvas Ventures.

TechCrunch
Oct 12th, 2021
ResQ cooks up a $39 million Series A for restaurant repair industry

ResQ, which does end-to-end equipment repairs for over 4,000 restaurant groups — from Taco Bell to Tim Hortons — has raised a $39 million Series A co-led by Tiger Global and Canvas Ventures. The capital, which includes investments from Homebrew, Inovia Capital and Golden Ventures, comes just months after the startup announced its $7.5 million […]

iGan Partners
Oct 5th, 2021
Homebrew invested into GetResQ | App for Restaurant Equipment Repair in $7.5M on Oct 5th 21'.

ResQ announced today that it has raised $7.5 million in seed funding led by Homebrew, Golden Ventures and Inovia Capital.

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