Czech restaurant payment app Choice QR raises €1.5m
Czech restaurant payment app Choice QR has raised €1.5m in a seed round led by Czech VC Presto Ventures with participation from Seedcamp, the prominent early-stage UK VC firm.
Choice QR was launched in 2021 and offers a platform connecting hospitality businesses with their customers. Restaurants can register in the startup’s system and create an online menu for free, for example, and then the company reaches out to offer them a paid subscription to additional services.
The company’s idea is to become a one-stop-shop for the communication between restaurants and their guests, through QR payments, web pages, table reservations, table ordering and websites for takeaway and delivery.
The company operates in the Czech Republic and Poland and has clients all over the world, including in the US, Hungary and Germany. It currently employs 40 people and is still hiring.
Who’s investing in Choice QR?
- Presto Ventures (Czech Republic; lead investor)
- Seedcamp (UK)
- Reflex Capital (Czech Republic)
- J&T Ventures (Czech Republic)
- Purple Ventures (Czech Republic)
Choice QR plans to use the funding for European expansion, including Spain, Italy and Portugal. It plans to connect 50k restaurants to its app within the next three years.
Success is never accidental. Congratulations to the entire team at Choice QR on your funding. All the best in this venture.Shishir Gupta, Founder and CEO, StartupLanes
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