PaylobbyNewsTerminals › Gastrofix receives funding

Gastrofix receives funding

Gastrofix, a provider of cloud-based POS systems for the restaurant industry, plans to expand its market leadership in Germany and internationally after receiving a 15 million euro investment.

Radeberger and Endeit Capital, the brewery group, have invested a total of 15 million euros in the provider of cloud-based catering cash register systems. Already in spring, the Radeberger Group invested 8 million euros in Gastrofix and Entrée Capital 4 million US dollars.

With a total investment of 15 million euros, Gastrofix intends to expand its market leadership in Germany. Gastrofix offers cloud-based cash registers for the hospitality industry in seven countries and already employs more than 100 people. Now the company wants to use the investment of the brewery group Radeberger and Endeit Capital to set up in Germany and internationally larger. According to their own data, more than 12,000 SaaS licenses have already been sold.