ResQ

ResQ in its US$39 million Series A financing

Client

ResQ

Value

US$39 million

Service

Emerging and High Growth Companies

Date Closed

October 2021

Industry

Technology

Lead Office

Toronto

 

On October 12, 2021, ResQ announced it completed its US$39 million in Series A financing co-led by Tiger Global and Canvas Ventures. The round also saw participation from existing investors, as well as leading entrepreneurs and innovators across the culinary, restaurant technology, e-commerce and marketplace spaces. The company has raised a total of US$48 million to date and is the fastest growing restaurant repair and maintenance platform.

ResQ is an all-in-one technology platform helping restaurants streamline repair and maintenance operations and enables restaurants to submit, manage, and pay for repairs and maintenance on a single platform. ResQ is trusted by over 4,000 leading restaurant groups including KFC, Taco Bell, Pizza Hut, and Wendy’s.

Osler, Hoskin & Harcourt LLP advised ResQ with a team consisting of Chad Bayne, Gary Marshall and Sahil Chopra (Emerging and High Growth Companies).