Our Investment in Delaget

Riverside Acceleration Capital (RAC) is proud to announce our recent investment in Delaget, a Minneapolis-based company that helps restaurants aggregate and visualize their data for more informed decision-making.

While businesses across the board are collecting more and more data, 68% of this data goes unused. It’s often scattered across disparate databases, spreadsheets, and data swamps, and trying to mine actionable insights from these data troves can be like looking for a needle in a haystack. For the quick-service restaurant (QSR) industry, this problem can be further complicated by the sheer number of data sources: point-of-sale systems, employee management software, kiosks, camera systems, drive-thru timers, third-party delivery apps, etc.

Delaget’s data solutions platform is designed to address this problem for the QSR industry by bringing together various data sources in an easy-to-read format. Users can configure custom dashboards to quickly track and visualize key performance metrics like sales, expenses, and guest experiences. The platform can even automate third-party delivery reconciliation and alert restaurant owners of loss, theft, and other suspicious activity.

The result is quick access to the operational data a modern restaurant needs, enabling customers to save time and improve profitability.

The company has also leveraged its integrations with key data providers to build a vendor marketplace designed to connect restaurant operators with fully vetted technology. Service providers can then use the Delaget Universal application programming interface (API) to access data from more than 100,000 restaurant locations, resulting in a more seamless experience without the need for one-off integrations.

Today, Delaget is utilized by over 14,000 restaurants, including top brands like Burger King, IHOP, KFC, Five Guys, Pizza Hut, and Taco Bell. The company was even selected by Taco Bell Corporate as its preferred asset-protection software for all store locations.

We’ve had the privilege of investing in Delaget across two separate rounds – first in February 2022 and again in December 2022 – and have been continually impressed with their leadership and direction. We see their platform as inherently sticky, quickly working its way into the daily routines of its many users, and are excited to have a front-row seat as they continue to expand.

To learn more about Delaget and their mission to help restaurant owners grow faster, visit www.delaget.com.

Jonathan Drillings
Partner
3/1/2023
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