{"id":31409,"date":"2015-11-04T10:35:25","date_gmt":"2015-11-04T09:35:25","guid":{"rendered":"https:\/\/www.rudebaguette.com\/?p=31409"},"modified":"2015-11-04T10:35:25","modified_gmt":"2015-11-04T09:35:25","slug":"foodtech-startup-zenchef-formerly-1001menus-raises-e6-million-to-bring-25000-restaurants-online-by-2018","status":"publish","type":"post","link":"https:\/\/www.rudebaguette.com\/en\/2015\/11\/foodtech-startup-zenchef-formerly-1001menus-raises-e6-million-to-bring-25000-restaurants-online-by-2018\/","title":{"rendered":"#FoodTech startup ZenChef (formerly 1001Menus) raises \u20ac6 Million to bring 25,000 restaurants online by 2018"},"content":{"rendered":"<div><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-31412\" src=\"https:\/\/www.rudebaguette.com\/assets\/1500x500-e1446629718125.png\" alt=\"1500x500\" width=\"705\" height=\"498\" \/><\/div>\n<div>Paris-based #FoodTech startup ZenChef has raised \u20ac6 Million from key investors, the company announced today. The news, which comes while ZenChef is in the middle of TechStar&#8217;s German-based Metro program, will see them add Metro AG, Germany&#8217;s largest retail chain, &amp; Edenred, pioneers in the &#8220;restaurant check&#8221; space, both of which should provide ZenChef with access to key potential customers.<\/div>\n<div><\/div>\n<div>ZenChef already counts 2,500 restaurants as customers of its solution, which allows restaurants to bring their menus online; however, CEO &amp; Co-Founder Xavier Zeitoun says that, despite being the European leader, that&#8217;s nowhere near enough.<\/div>\n<div>\nThere are 500,000 independent restaurant owners in Europe, and ZenChef thinks it can tap 25,000 of them (that&#8217;s 10x what they are touching now) by 2018. Growth &amp; retention have been strong for ZenChef, and with their rebranding (death to the 1001&#8212;- name trend! Long live Zen&#8212;-!) they should be in a much better position to push forth a local brand even in international markets &#8211; something Zeitoun says he learned from Metro AG in the past few months.<\/p>\n<div><\/div>\n<div>#FoodTech has gotten investors excited; however, most are throwing money at last-mile delivery startups: Deliveroo, Postmates, TakeEatEasy,Foodora. They are single-handedly responsable for the increased number of bikers in Paris, as far as I can tell &#8211; but I digress. The delivery market is going to be capital intensive, with heavy churn for all those who can&#8217;t provide the necessary volume to justify a restaurant&#8217;s partnership &#8211; meanwhile, #FoodTech startups like ZenChef that not only provide a digital experience to restaurants for their customers, but also can directly track the impact it has on their online reservations &amp; orders.<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paris-based #FoodTech startup ZenChef has raised \u20ac6 Million from key investors, the company announced today. The news, which comes while ZenChef is in the middle of TechStar&#8217;s German-based Metro program, will see them add Metro AG, Germany&#8217;s largest retail chain, &amp; Edenred, pioneers in the &#8220;restaurant check&#8221; space, both of which should provide ZenChef with<\/p>\n","protected":false},"author":77,"featured_media":31412,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"subtitle":"","footnotes":""},"categories":[10563],"tags":[],"class_list":["post-31409","post","type-post","status-publish","format-standard","has-post-thumbnail","category-tech"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/31409","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/users\/77"}],"replies":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/comments?post=31409"}],"version-history":[{"count":0,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/posts\/31409\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media\/31412"}],"wp:attachment":[{"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/media?parent=31409"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/categories?post=31409"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.rudebaguette.com\/en\/wp-json\/wp\/v2\/tags?post=31409"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}