• RestTech Investments

    Bailiwick Ventures, Inc.

  • The Restaurant Industry

    The Third Wave of Innovation

    The Restaurant Industry

    Over the last 100 years, the restaurant industry has grown to become the nation’s second-largest private-sector employer with more than 15 million workers serving more than 170 million customers every day. Early projections indicate that restaurant and foodservice sales in 2019 will exceed $863 billion generated by one million restaurants, of which, 70% which are independent operators.

     

    The $3 trillion global restaurant industry is massively relevant and vital to all economies. In the U.S. alone, over 1 million restaurants will generate more than $863 billion in sales and employ 14+ million employees in 2019. Restaurants are on the hunt for fresh ideas and new channels to improve sales and maintain margins. They must discover new sales channels and leverage new technologies.

     

    Restaurant operators suffer from a wide array of business challenges today. They now seek technical solutions that address these challenges and legacy business practices. Operators know that technology is transforming the global restaurant industry and many operators have increased the average annual investment from 2% historically, to nearly 5% of sales today. Because of this, they and we seek solutions that address (a) demand generation (b) labor cost reduction (c) CRM and transaction data and insights; and (d) automation/AI for value creation and efficiency.

     

    Even more impressive is the transformative effects restaurant tech is having on the industry globally, both B2C and B2B. Investors have sunk over $20 billion in restaurant technology startups in the last 10 years and ecosystem of cloud solutions can be confusing.

     

  • Portfolio

    We invent, create, develop and invest

    Restaurant Technology News

    FohBoh means Front of House, Back of House so we cover a lot of ground. But, we also know that technology is transforming the restaurant industry and this touches all FOH+BOH systems and persons and that's our bailiwick. So, our news and information agency inFOH, delivers a daily newsletter about restaurant technology to tens of thousands of industry professionals in 130 countries.

    Conversational Commerce

    Orderscape is determined to own the restaurant AI category for restaurant conversational commerce, food-centric search, Voice KPI's, guest engagement and automating legacy processes for FOH + BOH operations.

    Voice-enabled Restaurant Management Software

    StarBar.ai voice-enables legacy restaurant management processes to save time and money. Beginning with VoiceINV™, operators at every restaurants, hotel, casino, bar and pub worldwide will be able to use the patent pending StarBar voice inventory and order automation software. This reduces the time it takes to complete a bar inventory by 80%. Future voice-inventory modules will include food and products.

  • About Us

    Experience and Perspective

    Experience

    Our leadership team has broad reach to industry affiliates, business colleagues, restaurant leadership, and influencers, affiliates, dealers and media relationships. We bring decades of relevant experience to our investing partners and portfolio companies. We bring operations, culinary, development and corporate finance expertise. We have held BOH and FOH unit-level and C-level positions at regional and national chains. We are food and restaurant tech entrepreneurs and social media pioneers.

     

    We are practitioners and thought-leaders and with an operators' perspective. We are passionate about the restaurant industry and excited about how enabling technologies are transforming our industry every day. Technology helps create operational efficiencies leading to profitability and that make operators more competitive and relevant.

    Perspective

    We have unique access to opportunities because we have been actively engaged as operators, digital media and Internet entrepreneurs, restaurateurs, financiers, food and restaurant technology sales and social media marketers for decades. We think automation is the new key to success in the broader foodservice industry. We have transaction experience as investment banker and entrepreneur. We live and work at the intersection of restaurant and technology working with clients and partners around the globe.

    Entrepreneurs

    We are experienced entrepreneurs in food and beverage, restaurants, retail and Internet technology. We have an operator's perspective with vision and access to key resources required to execute on our plans. We invest, create and operate.

    Strategic Advisors

    We are consultants to restaurant technology companies, restaurant brands and investors via RestTech.co, our sister strategic advisory company.

  • Founder | CEO

    Practitioner and Entrepreneur

    MICHAEL L. ATKINSON - Founder

    Investor, Restaurateur and Technology Entrepreneur

    Serial Investor, speaker and restaurant technology multi-hyphenate living in San Jose, California. LinkedIn | Biography | Speaking @michaelatkinson

    Company

    Restaurant and technology industry executives & investors

    Many of our partners sit on boards as advisors or directors. These accomplished restaurant and technology industry veterans are executives, investors, advisors, developers, entrepreneurs and key influencers that help us evaluate investment and business opportunities, provide insight and accelerate our success.

     

    Together, this small cohort of talented industry professionals and visionaries are providing leadership to aid the reinvention the restaurant business for a modern customer and complex landscape.

  • Contact Us

    For more information, please contact us.