Credit card giant American Express has made inroads into the restaurant industry over the past several years, acquiring the reservation platforms Resy and Tock as well as middleware provider Rooam. The idea was not only to offer Amex cardholders more perks via the Resy and Tock restaurant networks, but also to help restaurants themselves—many of them …
Continue reading “American Express’ restaurant tech acquisitions are bearing fruit”
Squarespace announced Wednesday that Tock founder and CEO Nick Kokonas will be stepping down from the reservations platform he built eight years ago. Kokonas — who sold Tock to Squarespace in 2021 — will leave the company effective Jan. 2, 2023 and will be replaced by former Olo chief operating officer, Matthew Tucker. Tucker’s official …
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Chicago-based restaurant platform Tock has raised $10 million to help high-end restaurants offer services like “elevated carryout.” The funding round was led by Valor Siren Ventures, which is backed by Starbucks. Tock has been around for more than five years facilitating bookings, but quickly added carry-out and delivery services when the coronavirus pandemic hit the …
Continue reading “Tock Raises $10 Million to Bring ‘Elevated Carryout’ to Restaurants”
