Notch: Raises $10M in Funding

Notch Raises $10M in Funding

  • Notch, a Toronto, Canada-based provider of a software platform that makes it simple to manage orders, reconcile bills and invoices and process payments, raised $10M in funding
  • The round was led by Portage, with participation from Golden Ventures, Math Ventures, Accomplice, Pre-Cursor Ventures, Garage Capital and Plexo Capital
  • As part of the financing, Ricky Lai, Partner at Portage, will be joining the Board of Directors at Notch
  • The company intends to use the funds to ramp up the sales and marketing teams, and accelerate geographic expansion
  • The company provides a platform that delivers an end-to-end solution for back of house operations, giving foodservice owners and their staff the tools needed to automate manual tasks required to run and grow their business
  • In Q1 of 2023, The company will be releasing its AP manager solution to help restaurants move all of their supply chain payments online
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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