Massachusetts-based VC F-Prime Capital led a USD9.5m Series A for Parrot, a Mexican restaurant management platform. Liquid2 Ventures and Foundation Capital led a USD2.1m round in December 2020.
(TechCrunch) – The global pandemic threw a wrench in the plans of restaurants all over the world two years ago when diners stayed home, causing many eateries to shift their business to pickup or delivery.
Roberto Cebrián and David Villarreal both had experience working with restaurants in Mexico and recognized that many restaurants were not prepared to change their operations quickly, so they jumped on the opportunity to help them.
“There are a bunch of food tech solutions in Latin American and U.S., but it ended up turning the operations in both the front and back of the house into a mess,” Cebrián said. “The pandemic was a crazy experience. Not a lot of people knew what would happen, but the downside was that restaurants closed.”
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