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HomeFunding Barcelona-based Last.app Raises €5 Million in Funding

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

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.

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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.

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.

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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.

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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.

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