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Smart self-ordering kiosks for Quick Service Restaurants (QSR), replacing manual registers11-50 Employees
  • B2B
  • Early Stage
    Startup in initial stages
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Smart self-ordering kiosks for Quick Service Restaurants (QSR), replacing manual registers
The higher preference for self-serving ordering kiosk by the customers is anticipated to be the key factor which strengthens the business growth opportunity for restaurant owners. While self-service kiosks have yet to find their way into every QSR across the country, there's no denying that their presence is continuing to grow. Founded in 2019 and headquartered in Chicago, INFINET is committed to supply small to mid-size restaurant businesses with intelligent, lightweight and integrated IoT solutions to make their establishments more agile, modern, and efficient. The company digitalizes customer engagement for restaurants with its signature product – InfiKIOSK, a self-ordering solution with an ultimate goal to replace human operated POS system for QSR industry. Apart from being a more affordable and lightweight system, InfiKIOSK is designed to help restaurant increase sales, productivity and ultimately resulting in a better customer experience. Based on INFINET’s annual impact report, clear business benefits include:
· Restaurants report up to 25% higher average transactions using InfiKIOSK
· Repeat business increases as much as 35% when InfiKIOSKs are available
· Streamlined digital service increases peak hour capacity by 20%
· Integrating kiosk to the restaurant backend operations can help improve operational efficiency by 90% and reduce labor costs in peak hour by 30%
· InfiKIOSK can provide 30% extra revenue via increased ticket size and up-selling opportunities
· Contactless ordering via InfiKIOSK allows restaurants to operate safely and generates even more revenue than usual.
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Yu Cheng
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Lucas Liu
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Ph.D, CEO/Co-Founder at INFINET
Valuation

$5M

Funded over

1 round

Latest round

Seed (Dec 2019)

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