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Tock

231 employees

Tock is a comprehensive platform built to fundamentally change the way restaurants, bars, and wineries think about and run their business. This includes a robust reservation, takeout/delivery, guest, and table management system for businesses of all sizes across the globe. Tock was founded in 2014 but the idea originated years before out of a simple frustration. Nick Kokonas and Chef Grant Achatz opened Alinea to international fanfare in 2005 - now a perennial Michelin three star and widely considered one of the best restaurants in the world. For years they were spending $140,000 a year on staff dedicated to managing reservations and losing an average of $260,000 a year on cancellations. Convinced there had to be a better way, Nick started work on a crude ticketing system. The homemade platform was a success. Soon after Nick founded Tock with Brian Fitzpatrick, founder of Google's Chicago engineering office, to turn this simple idea into a robust product complete with all the tools a restaurant needs to succeed.

Investor insights

Funding rounds participated in

$10M sweet spot round size

Investor type

Privately Held

Basic info

Industry

Hospitality

Sectors

Hospitality

Date founded

2014

Funding rounds raised

Total raised

$10M

from 1 investors over 1 rounds

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Tock raised $10M on June 12, 2020

Investors: Valor Equity Partners

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