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Tock (company)

Tock (company)

Software to power reservations, tickets, order delivery and pickup from restaurants.

Two of the Tock founders, Nick Kokonas and Grant Achatz, are also the founders of the restaurant Alinea as well as several others in the Chicago area.

History

When opening their restaurant "Next" in 2011, the founders decided to sell tickets to the restaurant instead of taking reservations. After the system's success there, Alinea moved to a ticketing model in 2012. Other Chicago-area restaurants started using the ticketing system in 2013. In 2014, Nick Kokonas wrote a blog post about the model and its impact on the restaurants he co-owned.

Timeline

May 2020
Tock raises a $9,999,997 series B round from Origin Ventures and Valor Equity Partners.
November 2018
Tock raises a $9,500,000 series A round from Origin Ventures and Valor Equity Partners.
October 5, 2016
Tock raises a $7,500,000 series A round.
December 2014
Tock raises a $2,000,000 seed round.

Funding rounds

Patents

Further Resources

Title
Author
Link
Type
Date

Tickets for Restaurants - Alinea

Nick Kokonas

Web

News

Title
Author
Date
Publisher
Description
Nancy Luna
April 9, 2021
Business Insider
Ron Shaich's $160 million investment is among a string of high-profile purchases or investments made in the rapidly growing food tech space.
Larissa Zimberoff
December 17, 2020
Wired
Chefs tinkered with food chemistry, while dining apps reengineered logistics. Those changes will endure even after the pandemic is over.
Katherine Davis
May 29, 2020
AmericanInno
This is our roundup of Chicago tech and startup companies that received venture capital investments during the last month.
Shira Ovide
May 26, 2020
www.nytimes.com
The best shopping ideas now are coming from big box stores. Where are Amazon's innovations?
FinSMEs
May 14, 2020
FinSMEs
About | Advertise | Contact | Disclaimer | News | The Daily Deal Newsletter FinSMEs.com by FinSMEs is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.
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References

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