{"id":115363,"date":"2023-06-21T00:19:17","date_gmt":"2023-06-21T04:19:17","guid":{"rendered":"https:\/\/d5t8g5d.farmpresstheme.com\/restaurants\/spothopper-secures-12-million-in-series-b-funding\/"},"modified":"2023-06-21T00:19:17","modified_gmt":"2023-06-21T04:19:17","slug":"spothopper-secures-12-million-in-series-b-funding","status":"publish","type":"post","link":"https:\/\/d5t8g5d.farmpresstheme.com\/restaurants\/spothopper-secures-12-million-in-series-b-funding\/","title":{"rendered":"SPOTHOPPER SECURES $12 MILLION IN SERIES B FUNDING"},"content":{"rendered":"<p><img class=\"img-responsive\" title=\"(PRNewsfoto\/SpotHopper,TVC Capital)\" data-getimg=\"https:\/\/mma.prnewswire.com\/media\/1698576\/SpotHopper.jpg?w=200\" alt=\"(PRNewsfoto\/SpotHopper,TVC Capital)\" loading=\"lazy\" style=\"display:none\"><\/p>\n<div class=\"row\">\n<div class=\"col-lg-10 col-lg-offset-1\">\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">MILWAUKEE<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">June 13, 2023<\/span><\/span> \/PRNewswire\/ &#8212; SpotHopper, a leading provider of restaurant marketing and operations technology, has announced a Series B funding round with <span class=\"xn-money\">$12 million<\/span> raised.<\/p>\n<p>The funding came from existing investor TVC Capital, a software-focused growth equity firm based in <span class=\"xn-location\">San Diego<\/span>. The investment will be used to accelerate the enhancement of the company&#8217;s AI-based autonomous sales and marketing solutions for the restaurant industry. The new investment brings the company&#8217;s total capital raised to <span class=\"xn-money\">$26 million<\/span> to date.<\/p>\n<div class=\"continue-reading text-center mt-xl visible-xs-block\">\n<span><br \/>\n<a rel=\"nofollow noopener\" target=\"_blank\" class=\"smooth-scroll\" href=\"#continue-jump\">Continue Reading<br \/>\n<br \/>\n<i class=\"btr bt-angle-down mt-md\"><\/i><br \/>\n<\/a><br \/>\n<\/span>\n<\/div>\n<p id=\"continue-jump\">\n<div class=\"pull-right inline-gallery-container col-md-8 col-sm-7 col-xs-12\">\n<div class=\"gallery inline-gallery\">\n<div class=\"row\">\n<div class=\"col-sm-12\">\n<aside class=\"pull-quote\">\n<p>SpotHopper Closes on $12.0M Series B Funding from San Diego-based TVC Capital.<\/p>\n<p><a rel=\"noopener nofollow external noreferrer sponsored\" target=\"_blank\" class=\"btn btn-default btn-twitter\" href=\"https:\/\/www.prnewswire.com\/news-releases\/javascript:void(0)\" onclick=\"shareIt(this,&#039;Tweet&#039;,&#039;Release Body&#039;)\" data-tweet-text=\"SpotHopper Closes on $12.0M Series B Funding from San Diego-based TVC Capital.\" data-twitter-share-url=\"https:\/\/www.prnewswire.com\/news-releases\/spothopper-secures-12-million-in-series-b-funding-301848847.html\" data-wpel-link=\"external\"><br \/>\n<i class=\"fab fab-twitter mr-sm\"><\/i>Tweet this<br \/>\n<\/a><br \/>\n<\/aside>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>SpotHopper is the fastest growing restaurant software technology company in the U.S. with thousands of customers. The company has grown in excess of 100% per year for the last five years. SpotHopper is already the industry leader in automated marketing tools for restaurants and plans on using the investment to supercharge its platform with new generative artificial intelligence technologies, as well as a fleet of additional features that will help even further streamline restaurant operations.<\/p>\n<p id=\"continue-jump\">\n<p>&#8220;This new funding will allow SpotHopper to invest into all of our functional teams, delivering marketing workflows that have proven to accelerate revenues at lower cost with superior outcomes for independent restaurants and hospitality groups,&#8221; said SpotHopper&#8217;s Co-Founder and CEO, <span class=\"xn-person\">Aleksandar Ivanovic<\/span>.<\/p>\n<p>Founded in 2015, SpotHopper is based in <span class=\"xn-location\">Milwaukee, WI<\/span> with offices across <span class=\"xn-location\">the United States<\/span> and development and operations offices in Serbia.<\/p>\n<p><b>About SpotHopper<br class=\"dnr\"><\/b>SpotHopper&#8217;s all-in-one marketing and operations technology helps independent restaurants tackle the challenges they face online from one easy-to-use platform, saving them time and money. The industry-leading solution enables operators to elevate their online image, increase exposure, bring in more customers, attract more qualified employees, and keep up with national chains. For more information, visit <a rel=\"noopener nofollow external noreferrer sponsored\" target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3888667-1&amp;h=3457293813&amp;u=https%3A%2F%2Fwww.spothopperapp.com%2F&amp;a=www.spothopperapp.com\" data-wpel-link=\"external\">www.spothopperapp.com<\/a>.<\/p>\n<p><b>About TVC Capital<br class=\"dnr\"><\/b>TVC Capital is an operator led growth equity firm based in <span class=\"xn-location\">San Diego, CA.<\/span> We are focused on investments in and acquisitions of mission critical B2B software companies across a wide spectrum of industries and verticals that are poised for growth and consolidation. We partner with exceptional management teams to accelerate growth and maximize value. For more information, visit\u00a0<a rel=\"noopener nofollow external noreferrer sponsored\" target=\"_blank\" href=\"https:\/\/c212.net\/c\/link\/?t=0&amp;l=en&amp;o=3888667-1&amp;h=2451782639&amp;u=https%3A%2F%2Fc212.net%2Fc%2Flink%2F%3Ft%3D0%26l%3Den%26o%3D3373479-1%26h%3D1083970788%26u%3Dhttps%253A%252F%252Fnam10.safelinks.protection.outlook.com%252F%253Furl%253Dhttps%25253A%25252F%25252Flinkprotect.cudasvc.com%25252Furl%25253Fa%25253Dhttps%2525253a%2525252f%2525252fc212.net%2525252fc%2525252flink%2525252f%2525253ft%2525253d0%25252526l%2525253den%25252526o%2525253d2881413-1%25252526h%2525253d3803522882%25252526u%2525253dhttps%252525253A%252525252F%252525252Ftvccapital.com%252525252F%25252526a%2525253dhttps%252525253A%252525252F%252525252Ftvccapital.com%252525252F%252526c%25253DE%25252C1%25252C6Gbwxs7V8OhjR7dbrEJsSRLQFPJCuo9dkoovYaHKf67SDCkLoQ-JQ18VCSDbc4hm6k4B0wgJw2AwsehMNzeDppChvJPymVdVaTGdIZtibJVlpu_1acAX%252526typo%25253D1%2526data%253D04%25257C01%25257Caalbert%252540tvccapital.com%25257Cdfaeb6a2c0dd4378bbe708d9b3729b1e%25257Cf8ea0a81c02446c9a48f639dc34a156e%25257C0%25257C0%25257C637738127090828357%25257CUnknown%25257CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%25253D%25257C3000%2526sdata%253D6OiH39U2EdT0wOTcTQafvd7PrRDJ31uMJpBWhX7z%25252BkQ%25253D%2526reserved%253D0%26a%3Dhttps%253A%252F%252Ftvccapital.com%252F&amp;a=www.tvccapital.com\" data-wpel-link=\"external\">www.tvccapital.com<\/a>.<\/p>\n<p>SOURCE TVC CAPITAL; SpotHopper<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=LA24362&amp;Transmission_Id=202306130900PR_NEWS_USPR_____LA24362&amp;DateId=20230613\" style=\"border:0px; width:1px; height:1px;\"><\/p>\n<\/div>\n<\/div>\n<p>Originally published at <a href=\"https:\/\/www.prnewswire.com\/news-releases\/spothopper-secures-12-million-in-series-b-funding-301848847.html\" data-wpel-link=\"external\" target=\"_blank\" rel=\"nofollow external noopener noreferrer sponsored\">https:\/\/www.prnewswire.com\/news-releases\/spothopper-secures-12-million-in-series-b-funding-301848847.html<\/a><br \/>\n<font size=\"-1\"><em>Images courtesy of <a href=\"https:\/\/pixabay.com\" target=\"_blank\" rel=\"noopener nofollow external noreferrer sponsored\" data-wpel-link=\"external\">https:\/\/pixabay.com<\/a><\/em><\/font><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MILWAUKEE, June 13, 2023 \/PRNewswire\/ &#8212; SpotHopper, a leading provider of restaurant marketing and operations technology, has announced a Series B funding round with $12 million raised. The funding came from existing investor TVC Capital, a software-focused growth equity firm based in San Diego. The investment will be used to accelerate the enhancement of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":115364,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[564],"tags":[],"class_list":["post-115363","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-restaurants"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO Pro 4.6.9 - aioseo.com -->\n\t\t<meta name=\"description\" content=\"MILWAUKEE, June 13, 2023 \/PRNewswire\/ -- SpotHopper, a leading provider of restaurant marketing and operations technology, has announced a Series B funding round with $12 million raised.The funding came from existing investor TVC Capital, a software-focused growth equity firm based in San Diego. 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