MRM #RestaurantTech: Plate IQ Closes Seed Funding, Avanti Launches Cloud-Based Mobile Ordering and Flippy the Robot

The intersection of hospitality and technology is evolving at a rapid pace. To keep a pulse on these trends, Modern Restaurant Management (MRM) magazine launched a MRM #RestaurantTech column. To submit items, contact MRM Executive Editor Barbara Castiglia at bcastiglia@modernrestaurantmanagement.com. 

Plate IQ Closes Seed FundingPlate IQ, which helps restaurants manage their food inventory and pay their bills more efficiently, closed $4 million in seed funding led by Eileses Capital. The investment will be used to expand into additional markets. Plate IQ platform transforms back-office operations with accounts payable automation, food costs analytics, bill pay, inventory and recipe costing tools solutions for the restaurant industry mostly focus on the front of the house.

"We're fundamentally changing how restaurants operate," said Bhavuk Kaul, CEO at Plate IQ Technology. "Ultimately, our goal is to completely remove all of the manual and costly back-office work, enabling…