Hostme and Eyrus top Washington D.C.'s recent funding news

Hostme and Eyrus top Washington D.C.'s recent funding newsPhoto: Hostme/Facebook
Hoodline
Published on February 21, 2019

D.C.-based restaurant services company Hostme has secured $1.3 million in Series A funding, according to company database Crunchbase, topping the city’s recent funding headlines. The cash infusion was announced February 13 and financed by Schaffer Family Trust.

According to its Crunchbase profile, "Hostme is a modern, cloud-based reservation and table management system for restaurant owners. Intuitive and easy to use, it includes everything restaurant owners needs to manage their floor and servers staff, all in one app that runs on virtually any device. From accepting online reservations, assigning servers and tables, managing their waitlist, and remembering guest preferences, Hostme was built based on restaurants needs and feedbacks."

The six-year-old company has raised two previous funding rounds, including a $599,988 seed round in 2017.

The round brings total funding raised by D.C. companies in mobile apps over the past month to $2 million. The local mobile industry has seen 14 funding rounds over the past year, raking in a total of $11 million in venture funding.

In other local funding news, construction company Eyrus announced a $500,000 Series A funding round on February 12, financed by Rokk3r Fuel EXO.

According to Crunchbase, Eyrus deploys "technology that gathers labor data and provides analytics to improve the delivery, resource management, project safety, and efficiency of commercial construction."

Founded in 2015, the company has raised two previous rounds, including a $1 million seed round in 2016.


This story was created automatically using local investment data, then reviewed by an editor. Click here for more about what we're doing. Got thoughts? Go here to share your feedback.