TouchAndPlay

TouchandPlay, founded in Paris in 2013 by Pierre Meric, Magalie Bourdon, and Jerome Grondin, entered the competitive restaurant technology market with a comprehensive management software solution. The company's objective was to streamline restaurant operations through a suite of digital tools. The platform offered real-time management of stock and daily activities, an integrated reservation system, and functionalities designed to enhance communication between the kitchen and serving staff, such as notifications for ready dishes.

The system also included customer-centric features like the ability to split bills and tools to facilitate cross-selling for the restaurants. For the end-consumer, TouchandPlay provided a mobile application named Eazeat, which allowed users to book tables and interact with the restaurant's services. The business model was centered on providing this software to restaurant clients.

From a funding perspective, TouchandPlay demonstrated initial promise, securing a total of $1.6 million over two rounds. The first was an angel investment of $398,000 in 2013, followed by a more substantial seed round of $1.2 million on January 21, 2016, with the participation of institutional investor Elior Group. Despite this financial backing and a clear product offering, the company has since ceased operations and is considered deadpooled.

Keywords: restaurant management software, restaurant tech, food tech, hospitality software, POS system, stock management, reservation system, table booking app, Eazeat, Pierre Meric, Magalie Bourdon, Jerome Grondin, Elior Group, Paris startup, French tech, deadpooled startup, venture capital, seed funding, angel investment