Tock LLC
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Tock LLC - overview
Established
2014
Location
Chicago, IL, US
Primary Industry
Software
About
Based in Illinois, US, and founded in 2014, Tock LLC is a restaurant reservation service providing platform. Nick Kokonas (CEO) and Brian Fitzpatrick (CTO) are the founders of the company. In March 2021, Squarespace, Inc. , acquired Tock LLC from Chicago Ventures, Hyde Park Venture Partners, Origin Ventures, Pritzker Group Venture Capital, Lettuce Entertain You Enterprises, Inc.
, and Valor Equity Partners for USD 400 million in cash and The company has 140 employees as of April 2021. The company is a reservations platform that offers services for dine-in, pickup and delivery, events, wineries and tasting rooms, pasture, produce and purveyors (farm fresh, delivered to door), and arts and culture. The company’s platform called ‘Tock To Go’ provides a unified system with reservations, delivery, takeout, and events all in one place. The company features services for restaurants, wineries, and other concepts like bars, culinary tours, classes, distilleries, breweries, etc.
The company generates revenue by charging restaurants a flat monthly fee of $199 plus 2% on orders, or just 3% on orders without a subscription.
Current Investors
Pritzker Group Venture Capital, Chicago Ventures, Origin Ventures
Primary Industry
Software
Sub Industries
Hospitality Services, Restaurants & Nightlife, Web Applications, Sales & Marketing Software
Website
www.exploretock.com
Verticals
Cloud Computing, E-commerce, Mobile Apps
Company Stage
Acquired
Total Amount Raised
Subscriber access only
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