PORTFOLIO
Restoke
Real Restaurant Intelligence
At a glance…
Year Founded: 2020
Stage: Seed
Category: AI Software, Restaurant Intelligence
Location: Melbourne, Aus
Total Funding: AUD $5.24M
Backed by Rampersand: 2024
Restoke is the brain behind restaurant operations, empowering hospitality businesses to run smarter and more efficiently.
Their AI-powered platform streamlines and automates back-of-house tasks like food costing, inventory management, one-click ordering, and team workflows. The platform seamlessly integrates with existing systems, enabling restaurant operators to focus on what truly matters—delivering exceptional experiences to their guests. With over 10,000 hospitality professionals relying on Restoke, they are reshaping the future of restaurant management, providing actionable intelligence that helps you cut costs, save time, and boost profitability.
We love Restoke because:
We are investing at the cutting edge of generation and future-defining technology. When we first encountered Restoke years ago, their vision seemed almost impossible. But the team’s relentless focus on product excellence and usability has paid off. Restoke isn't just offering another software solution; they're pioneering a groundbreaking category: Restaurant Intelligence, redefining how the industry operates. We genuinely believe that the future of restaurant management is in Restoke. More on why we invested in Restoke here.
Funding timeline
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Skalata
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Rampersand
Mandalay Venture Partners
BC Growth Equity
Archangel Ventures
Meet the founders
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Ken Brand
CO-FOUNDER, CTO
Ken has a background in data science and computing engineering. He has led in many roles as CTO and lead architect in companies such as Carsales, Riskbi, and Attend Anywhere and was the co-founder and CTO of Crosswork. He has experience scaling highly efficient small teams to pursue AI-enabled products.
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Assaf Stizki
CO-FOUNDER, CEO
Assaf has deep domain expertise, running hospitality venues for nearly 15 years, including owning and operating a chain of restaurants. For the Restoke product to work like it does today, Assaf has led the team has had to solve many sub-issues to live up to the promise of getting visibility of a restaurant’s accurate data and financials.
First to believe, first to invest…
“We selected Rampersand as an investor for one key reason: the people behind the fund. While many venture capital options were available, we prioritised finding a partner who truly understood our vision and brought a human-centred approach to the long-term journey.
Their team stood out for their deep expertise and eagerness to provide valuable feedback and guidance. Years ago, during initial discussions, we sought Rampersand’s insights on scaling a global startup, and their willingness to share thoughtful advice left a lasting impression. This shared mindset, strategic alignment, and collaborative spirit made them the perfect match for our next chapter of growth.”
ASSAF STIZKI, CO-FOUNDER AND CEO OF RESTOKE -
Looking for a career in Restaurant Intelligence?
Join Restoke’s mission to automate and invigorate the hospitality industry.
If you're looking for an exciting and challenging career, the Restoke team has created a dynamic work environment with plenty of growth opportunities.
Recent Restoke news
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![Restoke Founders]()
Hospo-tech raises $5.1 million to save restaurants amid flailing industry
Forbes - Sep '24
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Melbourne start-up is saving cafes a bundle
The Australian - Sep' 24
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Restaurant tech Restoke.ai gets $5.1m in Rampersand funding
Capital Brief - Sep' 24
Looking for VC fund investment? Get in touch!
Our doors (or inboxes) are open! We aim to be as accessible as possible to all Founders with great ideas from all walks of life. Even if it's just a kernel of an idea, please don't think it's too early to reach out.