Allset, an app that promises to cut restaurant wait time in half by allowing customers to book tables and preorder meals, announced today that it raised a $2.35 million investment led by New York-based VC firm Metamorphic Ventures.
With operations in San Francisco, Palo Alto (California), and Manhattan, Allset plans to expand its service to Los Angeles and Chicago. The funding capital will also help AllSet to expand product research, development, and marketing.
While Allset is free for its users, the service charges 10 percent of each order to the restaurant.
Andreessen Horowitz, FJ Labs, and SMRK VC Fund all participated in the seed round. Allset has raised a total of $3.35 million, including a million-dollar pre-seed round.