Restaurant operations software provider Rosnet has received a strategic investment from M33 Growth to enhance product innovation.
The partnership is set to propel Rosnet’s expansion, fuelling innovation and a commitment to delivering software to restaurant operators.
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The investment signifies a milestone in Rosnet’s journey to strengthen its market position and enhance its comprehensive back-of-house management platform.
Rosnet CEO Maggie Peters stated: “From the beginning, Rosnet has been driven by a vision to provide software and data solutions to restaurant operators to help them save time and improve profit margins while also providing top-tier client service. Through this investment, we will continue to execute on this vision.”
Founded in the US, Rosnet provides real-time insights to multi-unit restaurant operators into food and labour operations. This is aimed at optimising decision-making, reducing costs and driving profitability.
It caters to a variety of dining establishments, including quick service and fine dining. Brands such as Applebee’s and International House of Pancakes are among those that benefit from Rosnet’s tools for budget management, inventory control, operational checklists and forecasting.
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By GlobalDataThe investment by M33 Growth is poised to advance Rosnet’s software platform, empowering restaurant operators with enhanced control over data operations.
By integrating real-time data, Rosnet aims to elevate profitability and operational efficiency for its clients.
M33 Growth co-founder and managing director Brian Shortsleeve stated: “With years of firsthand experience operating restaurants, the team at Rosnet has built a robust platform that we believe can be a game-changer for addressing the complex data and operational needs of the industry.
“We believe Rosnet’s success and customer-centric brand in the market is a testament to their purpose-built restaurant back-of-house platform and the strong relationships they have built with their operators.”
