Since its establishment in 1990, Gastrofix is a leading ePOS company which has developed a point-of-sale (POS) system for Apple iPad, iPhone and iPod with a cloud-based ERP backend. The solution covers the entire hospitality industry from cafes, bars and bakeries to fine dining, catering, canteens and franchise restaurant chains. The company has sold over 6,000 POS SaaS licenses, not only in Germany, but also in Austria, Norway, Spain, the Netherlands, Switzerland and the USA. Its customers generate over $1.5bn in annual revenues. By now, the software is continuously updated and offers different payment methods and staff time recording on top of the traditional POS system.
Parklane Capital has advised Gastrofix on the closing of its Series A financing round. Gastrofix is a Berlin based POS company which has developed a disruptive point-of-sale (POS) system for Apple iPad, iPhone and iPod with a cloud-based ERP backend. The new capital will be used to accelerate growth and strengthen the leading position in the cloud-based POS market.