Technology

QSR Automations secures investment from Battery Ventures

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November 5, 2024

QSR Automations, a provider of restaurant technology solutions, has received a significant investment from Battery Ventures. This strategic partnership will fuel QSR Automations' growth, innovation and market expansion, according to a press release..

Robbie Payne, a seasoned software executive and Battery Executive-in-Residence, will take the helm as CEO, succeeding Angela Leet, who will transition to a board member role.

"I have been so impressed with the business Angela and her team have built at QSR Automations, and the traction the company has gotten inside large restaurant accounts," Payne said in the press release. Payne previously ran Battery-backed, smart-manufacturing solutions company CAMBRIO, which was acquired by Sweden's Sandvik AB three years ago. "We are excited about working with the team to help take QSR Automations to the next level and scaling the business through this next growth phase."

Leet said it has been an honor to lead the company. "But now, my team and I are incredibly excited for QSR Automations' next chapter," she said in the press release. "Partnering with Battery allows us to re-focus on our product development efforts, expand our market reach, and continue delivering exceptional value to our customers. This acquisition provides the resources and expertise we need to innovate even faster and meet the evolving needs of the restaurant industry."

The Battery growth investment is designed to accelerate QSR Automations' ability to deliver cutting-edge technology solutions that help restaurant operators streamline their operations, improve guest satisfaction, and optimize their workflows. The company will continue to operate under its existing brand, with no immediate changes to its day-to-day operations.

Battery Ventures has a strong track record in the hospitality technology sector, having backed companies like Olo and Crunchtime. This investment underscores QSR Automations' position as a key player in the industry.