MenuSifu Announced A $40 Million Series B Funding Round
2024.09.21

MenuSifu announced a $40 million Series B funding round. In 2015, ZhenFund led the seed round in MenuSifu.


Founded in 2013, MenuSifu envisions itself as the "Alibaba of the restaurant industry," driving the digital transformation of the food and beverage sector through technology. Currently, MenuSifu's services cover all 50 states in the United States, maintaining its position as the No.1 POS provider in the North American Asian cuisine market for six consecutive years. The company not only provides POS systems for various restaurants but also offers a comprehensive range of services, including payment solutions, online ordering, marketing, fintech, and restaurant consulting, establishing a holistic operational management system that encompasses supply chain, staff management, and customer relations.


Founder Qiang Wang stated, "Leveraging our deep insights into the Asian food and beverage market and technological innovation, we will further expand our product matrix, seek new growth points, promote the integration of Chinese cuisine into American and global daily life, and strengthen MenuSifu's role as a bridge between Asian culture and global consumers."


In the short term, MenuSifu will focus on further expanding its market share, accelerating the digital transformation of more restaurants by continuously optimizing product features and service experiences. In the long run, MenuSifu will fully commit to promoting Chinese cuisine globalization projects, assisting Chinese food and beverage brands in going global. MenuSifu will deepen its exploration in the field of fintech and continue to strengthen cooperation with third-party platforms.