Funding

[Funding alert] Barcelona-based Last.app Raises €5 Million in Funding

Nov 15, 2023 | By Startup Rise EU

Last.app, located in Barcelona, raises €5 million in funding. With participation from current investors All Iron and Bynd, the pan-European venture capital firm Nauta Capital led this round.

Last.app, located in Barcelona, raises €5 million in funding. With participation from current investors All Iron and Bynd, the pan-European venture capital firm Nauta Capital led this round.

European restaurant owners' lives are being changed by Last.app. Its special paradigm for an operating system for restaurants is made to interface with any kind of hardware and software, making it simple and quick for any kind of restaurant to get up and running.

Read also - UK-based Accenture Acquire 6point6

With a wide range of native modules, including POS systems, online reservations, delivery centres, e-commerce, order and pay, and more than 200 connectors to other services that restaurants now utilise, Last.app is at the forefront of the fragmented restaurant software market today.

RECOMMENDED FOR YOU

recomd
Funding
BlackWood funding news – Copenhagen-based Early-Stage VC Firm BlackWood Raises €14.7 Million in 2nd Closing of Fund I
Startup Rise EU
Jun 7, 2024
recomd
Funding
[Funding alert] sellmyartworks.com Secures £300K in Funding
Startup Rise EU
Feb 20, 2024
recomd
France
[Funding alert] Paris-based BioFluff Secures €2.2 Million in Seed Funding
Startup Rise EU
Dec 1, 2023

Ivan Nikolic, CPTO and Co-founder of Last.app, said: “The restaurant software industry is extremely fragmented, and restaurant owners feel overwhelmed by the many single-function software available. The future of the restaurant industry hinges on the seamless integration of a multitude of tools, each finely tuned to accommodate the distinct operational needs of individual establishments. At Last.app, we want to enable restaurants to harness the full potential of technology to meet their needs.”

Last.app achieved distinction and high customer satisfaction by providing a solution that can be tailored to meet the particular requirements of individual businesses, as shown by its impressive and diverse clientele, which includes small-scale dining places, huge restaurant chains, and delivery services.

Read also - SUPPLYZ Rebrands as RESONIKS and Secures Investment from Kvanted

Eric Nikolic, CEO and Co-founder of Last.app, commented: “This investment round empowers us to continue on our growth trajectory, becoming leaders in Spain and beginning our expansion into the European market, while maintaining our commitment to technology and using our resources to ensure that the customers continue to be at the centre of what we do.”

Jordi Viñas, General Partner at Nauta Capital, added: “At Nauta we are always looking for vertical operating systems that address the ever-changing needs of businesses in a consolidated manner. When we found Last.app we knew it was a gamechanger for the restaurant industry in Europe. Last.app has the speed, technical know-how, flexibility, and low barrier to adoption for restaurants to benefit from it from day one and meet their customers’ expectations now and in the future.”

About Last.app

Iván and Eric Nikolic founded Last.app in 2019 to fill a significant void in the hospitality industry. In the past, restaurants required updating their systems or employ a wide range of apps to adjust to changing client needs.

Read also - Chasse sur Rhône-based Recyc’ELIT Raises €3.2M in Funding

During their tenure at Glovo, the Nikolic brothers gained firsthand knowledge of the challenges faced by the restaurant sector. They leveraged this information to produce a product that was ready for the market in 2021.

Recommended Stories for You

story
Funding

[Funding alert] London-based Ayora Secures $1.6 Million in Pre-Seed Round Funding

Startup Rise EU Mar 29, 2024

story
France

[Funding alert] France-based Climate Tech Startup CarbonFarm Technology Secures €2.5M in Seed Funding

Startup Rise EU Oct 27, 2023

story
Funding

Stargate Hydrogen funding news – Green Hydrogen Company Stargate Hydrogen Secures €42 Million in Seed Funding

Startup Rise EU May 3, 2024

story
Funding

[Funding alert] Stockholm-based Cemvision Secures €10 Million in Seed Funding

Startup Rise EU Mar 22, 2024

story
Funding

[Funding alert] Paris-based Kiln Secures $17m in Funding

Startup Rise EU Jan 19, 2024

story
Funding

Nami Surgical funding news – UK-based Nami Surgical Secures $4Million in Funding

Startup Rise EU May 10, 2024