Yumpingo raises £7.6m in Series A funding led by Smedvig Capital to drive international expansion.
The Series A financing was led by Smedvig Capital and will support global growth and product development.
Yumpingo operates a restaurant intelligence platform that collects real time guest feedback through digital surveys. The system provides operators with actionable insights to optimise service, menu items and site performance.
Restaurant intelligence provider Yumpingo has secured £7.6m in a Series A financing round led by Smedvig Capital. The capital will be deployed to accelerate international growth and develop the company platform, including the introduction of a new pay at table feature. Additional participants in the financing include industry executives Keith Taylor, Mike Ryan and David Cantu.
The business gathers diner feedback at the conclusion of a meal via one minute digital surveys. The resulting data gives hospitality operators visibility across multiple metrics to improve customer satisfaction and operational efficiency.
From the founder
"We’re delighted to be partnering with the team at Smedvig Capital and welcome Joe and Rob to our board,"
Gary Goodman
CEO and Founder at Yumpingo
Investor perspective
"Yumpingo’s unique instant review platform helps restaurants gather valuable real-time insights into their customers in an ever-competitive and customer-centric industry. We’ve been really impressed with Gary and the team, and are excited to partner with them to grow Yumpingo into the global leader in this emerging space."
Joe Knowles
Partner, Smedvig Capital
Use of funds
- 01Expand into international markets
- 02Continue product development