Malaysia-based restaurant software platform FeedMe raises US$5 million

[SINGAPORE] FeedMe, a restaurant software platform based in Malaysia, has raised US$5 million led by Integra Partners with participation from Cento Ventures.

FeedMe offers an “all-in-one” solution that integrates restaurant operations such as point of sale, e-invoicing and queue management.

“F&B operators want to focus on great food and guest experience, not on stitching together fragmented tools,” said co-founder and CEO Squall Tan.

The platform serves 11,000 merchants across South-east Asia, and counts brands such as ZUS Coffee and Christine’s Bakery among its customers.

The funding will be used to accelerate FeedMe’s expansion into the Thai market, and to scale its engineering capacity to enhance its artificial intelligence-driven solutions.

FeedMe will also use the capital to launch financial services, such as payments and lending for merchants.

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Chua Boon Ping, partner at Cento Ventures, said: “FeedMe’s specialist focus on restaurants, coupled with its integrated payments and data-driven product road map, positions it to become the category-defining operating system for the region.”