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§ Private Profile · 625 Broadway Fl 8, New York City, New York, 10012, United States
SALIDO is a technology company.
SALIDO offers an integrated enterprise system platform meticulously designed for the hospitality sector. Its primary product is a cloud-based point-of-sale (POS) and payment solution, which consolidates critical restaurant operations into a singular, cohesive system. The platform streamlines various management functions, from order intake and inventory tracking to customer transactions and analytics, providing a comprehensive toolkit for modern eateries seeking operational efficiency.
The company was founded in 2012 by Shu Chowdhury and Casey Cohen. Their initial insight stemmed from recognizing the fragmentation and inefficiency prevalent in technology solutions across the restaurant industry. They set out to build a unified system capable of addressing diverse operational challenges within a single platform, drawing on their understanding of the hospitality landscape to create a purpose-built solution.
SALIDO primarily serves hospitality operators and restaurants, offering them tools to manage their businesses more effectively. The company's long-term vision is to empower these establishments by simplifying complex day-to-day operations. By providing a robust and integrated platform, SALIDO enables its clients to focus on delivering exceptional service and culinary experiences, while ensuring their back-end processes run smoothly.
SALIDO has raised $2.0M across 1 funding round.
SALIDO has raised $2.0M in total across 1 funding round.
SALIDO has raised $2.0M in total across 1 funding round.
SALIDO's investors include Phil Suarez, AAF Management Ltd., Brainchild, Digital Currency Group, Dimension Capital, FirstMark Capital, General Catalyst, Great Oaks Venture Capital, LombardStreet Ventures, Luma Capital Partners, Oyster Ventures, The Hit Forge.
SALIDO has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in November 2015.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Nov 1, 2015 | $2M Seed | Phil Suarez | AAF Management Ltd., Brainchild, Digital Currency Group, Dimension Capital, FirstMark Capital, General Catalyst, Great Oaks Venture Capital, LombardStreet Ventures, Luma Capital Partners, Oyster Ventures, The HIT Forge, Third Kind Ventures, BEN Davenport, George Burke, Kaushik Subramanian, MO EL Bibany, Benjamin Daitz, Scott Belsky, Stephen Starr, TOM Colicchio | Announced |
SALIDO is a technology company that builds an all-in-one point-of-sale (POS) and payment platform specifically designed for the restaurant and hospitality industry. It serves restaurant owners and operators by providing integrated tools, hardware, and data analytics to streamline daily operations, improve revenue tracking, and enhance guest experiences. The platform consolidates POS, payment processing, kitchen display systems, and back-office management into a unified system, enabling restaurants to optimize workflows, reduce operational complexity, and grow profitability. SALIDO’s customer base ranges from single-unit restaurants to multi-location operators seeking modern, reliable, and scalable restaurant technology solutions[1][2][4][5].
SALIDO was founded by hospitality industry experts with deep firsthand experience in restaurant operations, aiming to build software solutions tailored for their peers. The company is headquartered in New York City and is backed by North American Bancard, a major North American payment processor. This backing provides SALIDO with strong payment processing capabilities integrated into its platform. The company’s roots lie in combining over 30 years of industry experience with innovative automation and technology to address the unique challenges of restaurant management. Early traction came from its focus on operational efficiency and data-driven decision-making, which resonated with restaurateurs looking for comprehensive, easy-to-use solutions[1][2][5][6].
SALIDO rides the growing trend of digital transformation in the hospitality industry, where restaurants increasingly demand integrated, cloud-based solutions to manage complex operations efficiently. The timing is critical as restaurants face pressure to improve guest experiences, optimize labor, and leverage data for competitive advantage. Market forces such as rising labor costs, the need for contactless payments, and the shift toward automation favor platforms like SALIDO that unify operations and payments. By enabling restaurants to control and analyze their data, SALIDO influences the broader ecosystem by promoting smarter, technology-driven hospitality management and helping operators adapt to evolving consumer expectations[2][4][5].
Looking ahead, SALIDO is positioned to expand its influence by continuing to innovate its platform with advanced automation and enhanced integrations, making restaurant operations even easier and more profitable. Trends such as AI-driven analytics, mobile ordering, and further automation in kitchen and team management will likely shape SALIDO’s product evolution. As the hospitality industry recovers and grows post-pandemic, SALIDO’s comprehensive and flexible technology stack will be crucial for restaurants aiming to scale efficiently and improve guest loyalty. Its strong payment processing foundation and industry-specific focus suggest SALIDO will remain a key player in the restaurant technology space, driving operational excellence and digital transformation[2][5][6].