Tacit Innovations to ease restaurant ordering with $700k in seed funding
Tacit Innovations, designer of a mobile app and platform that allows customers to discover restaurants, browse menus, manage their orders and pay for their meals, recently secured $700,000 in seed-stage financing. The Toronto-based company's backers are BDC Venture Capital, Canrock, Hyperdrive, the founders, and a number of private investors. Funding proceeds will be used to fuel technology development, as well as sales and marketing, with a focus on launching the product in restaurants across North America, according to the company. Tacit Innovations is a graduate of the latest cohort of Communitech Hyperdrive, a Waterloo-based startup accelerator and investor.
13 February 2014•2 mins read
