Table22, Inc.

Based in the US, Table22, Inc. is a firm providing innovative technology solutions for the hospitality sector, enabling businesses to optimize operations and enhance customer engagement through automated services and subscription models. Table22, Inc. was founded in 2020 in New York, US.

The company specializes in offering technology solutions for hospitality businesses. Sam Bernstein serves as both the founder and CEO. Since its inception, Table22 has successfully completed three deals, with their latest funding round being a Series A, raising USD 11. 000 mn on October 29, 2024, led by Lightspeed Venture Partners and supported by Forerunner Ventures, Footwork, and ALT Capital Partners.

The total amount raised by the company amounts to USD 11. 000 mn, and its current valuation stands at USD 45. 217 mn. Table22 offers a comprehensive suite of solutions designed specifically for hospitality businesses, enabling them to generate recurring revenue and enhance operational efficiency.

The core product includes a platform that facilitates branded storefronts, an order management system, and white-glove fulfillment services. These services are tailored for restaurants, wine shops, butchers, fish shops, specialty grocers, bakeries, and retailers, allowing them to manage subscriptions, memberships, and pre-orders seamlessly. By leveraging automated marketing and CRM tools, Table22 supports businesses in retaining customers and driving engagement through thoughtful, AI-driven communications. The company’s offerings are operational in various geographical markets, including major urban centers across the United States, where it serves a diverse clientele of independent operators seeking to modernize their revenue strategies and deepen customer relationships.

Table22 generates revenue through a subscription-based model where clients pay for access to the platform's suite of services, which include management tools for subscriptions and automated marketing campaigns. Transactions typically occur directly between Table22 and its clients, such as restaurants and retail businesses, who utilize the platform to implement their offerings. Clients are charged based on usage and the specific services they select, which may include services like fulfillment coordination and customer support. This structure allows businesses to establish predictable income streams while enhancing customer loyalty through subscription services.

This model is designed to accommodate various pricing plans tailored to different client needs, promoting sustained partnerships that benefit both parties. In October 2024, Table22, Inc. raised USD 11. 000 mn in Series A funding led by Lightspeed Venture Partners.

The company plans to utilize this funding to increase its ability to onboard new restaurants and merchants and to explore additional product offerings. Specific market expansions are being targeted, with a focus on increasing presence in major urban centers across the US. Upcoming products and features are currently in development, aimed at enhancing the capabilities of their existing platform.