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§ Private Profile · Surry Hills, New South Wales, Australia
Mobile pre-ordering and payment platform for cafes and quick-service restaurants, focused on food and beverage transactions.
Beat the Q is a Sydney, Australia-based mobile pre-ordering and payment platform that enables consumers to order and pay for food and beverages in advance at cafes and quick-service restaurants. Prior to its consolidation, the application processed over 3 million transactions and served hundreds of cafes across the broader Australian market. The company expanded its market presence by acquiring the digital wallet eCoffeeCard and subsequently merging with the loyalty application Posse in late 2014. This combined entity reached 500,000 users, established 56,000 shop relationships, and secured $5 million in combined funding from notable investors including Bill Tai and Google Maps co-founder Lars Rasmussen. The merged organization officially rebranded as Hey You in 2015, effectively phasing out the original standalone mobile application. Beat the Q was founded in 2011 by Adam Theobald and Carlo Lattouf.
Beat the Q has raised $5.0M across 1 funding round.
Beat the Q has raised $5.0M in total across 1 funding round.
Beat the Q has raised $5.0M in total across 1 funding round.
Beat the Q's investors include Reinventure, Exto Partners.
Beat the Q has raised $5.0M across 1 funding round. Most recently, it raised $5.0M Series A in August 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Aug 5, 2015 | $5M Series A | Reinventure | Exto Partners | Announced |