Yummy $89m for Yum




In the space of only three years, hospitality tech startup Mr Yum has added 1500 venues to its platform and 13 million users worldwide. 

They have raised  $89 million in  funding to become the “Shopify for restaurants”.

Investors 

Tiger Global, Skip Capital (the private fund of Atlassian co-founder Scott Farquhar and Kim Jackson), Tennis Australia’s Wildcard Ventures, Broadsheet founder Nick Shelton , Kogan founder Ruslan Kogan.TEN13,  AirTree, NBA star Patty Mills of the San Antonio Spurs, and Grammy Award winning artists Rüfüs Du Sol.

What Mr Yum does 

In 2018 Andrei Miulescu, Kim Teo, Kerry Osborn and Adrian Osman founded Mr Yum to give restaurants, bars and hotels the chance to improve customer convenience and spend through QR code ordering, along with delivery and pick-up options.

Mr Yum is now a category leader and has been adopted in all types of venues, including casinos, theatres, shopping centres, cinemas, cruise ships and airports as well as restaurants, bars, pubs and cafes.

The growth

The company has grown from 12 to more than 120 full-time staff in the past 18 months, with teams in Sydney, Brisbane, London, Los Angeles, the Philippines and the Melbourne headquarters.