GLOBAL – QSR Automations, a leading global provider of restaurant technology solutions, has secured a majority growth investment from global technology-focused investment firm Battery Ventures in a move meant to broaden its restaurant technology solutions.
The recent investment signifies a crucial turning point for QSR Automations, positioning the firm for rapid growth, enhanced innovation, and a broader market presence.
Concurrently, QSR Automations has appointed Robbie Payne, an experienced executive in the software industry and Battery Executive-in-Residence, as the new CEO. Angela Leet, who has held the CEO position since 2021, will transition to a role as a board member.
Payne expressed admiration for the business that Leet and her team have developed, particularly noting the company’s strong presence among major restaurant accounts. He conveyed enthusiasm about collaborating with the team to elevate QSR Automations and facilitate growth during this new phase.
Leet reflected on her honor in leading the company and expressed excitement for its future. She mentioned that partnering with Battery would allow them to refocus on product development, broaden market reach, and continue delivering exceptional value to customers.
Leet also highlighted that this investment provides essential resources and expertise to accelerate innovation and meet the evolving demands of the restaurant sector.
Battery Ventures boasts a long history of supporting and scaling business-focused software companies, particularly within the hospitality technology space.
Headquartered in Louisville, KY, with an office in the UK, QSR Automations is recognized as a global leader in kitchen automation and guest management solutions.
Since its founding in 1996, the company’s signature platform, ConnectSmart®, has been utilized by restaurant operators seeking tailored solutions to enhance guest experiences and achieve operational excellence.
With use in 21 of the top 25 casual dining chains in the U.S., ConnectSmart® leverages data to create solutions that foster calmer kitchens, simpler workflows, and improved guest satisfaction.
The investment from Battery is aimed at boosting QSR Automations’ capability to deliver advanced technology solutions that assist restaurant operators in streamlining operations, enhancing guest satisfaction, and optimizing workflows.
The company will maintain its current brand and continue its daily operations without immediate changes.
Sign up to receive our email newsletters with the latest news updates and insights from Africa and the World HERE
