10-10-2016 17:30 via feedproxy.google.com

SimpleOrder raises $2.75 million to automate restaurant supply chains

SimpleOrder has raised $2.75 million in a first round of funding to help restaurants manage their supply chain with a cloud-based platform.
The Tel Aviv, Israel-based company recognizes that 50 percent of restaurants fail within their first 12 months, and many don’t have a systematic way of tracking their inventory on digital platforms.
To date, the company has raised $3.7 million. The round was led by Lazarus Israel Opportunities Fund and Foodlab Capital, with participation from exis
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