PlateIQ

OverviewSuggest Edit

Plate IQ gives restaurants insights into their food costs and operations. All a restaurant has to do is to take photos of their invoices using Plate IQ's phone app. Plate IQ then digitizes the invoices, analyzes them and gives restaurants a detailed review on their spending, down to the individual line item level. For the first time, restaurants can automatically see their food cost within hours of getting their invoice; before Plate IQ it would take weeks to do this. Plate IQ offers a Bill Pay feature which allows restaurants to pay their bills using the Plate IQ dashboard. Plate IQ also recently launched its inventory app, allowing restaurant workers to record their inventory/stock using their phone or tablet.
TypePrivate
Founded2014
HQSan Francisco, US
Websiteplateiq.com

Latest Updates

Employees (est.) (Oct 2019)68(+8%)

Key People/Management at PlateIQ

Bhavuk Kaul

Bhavuk Kaul

Co-Founder & CEO
Ram Jayaraman

Ram Jayaraman

Co-Founder & CTO
Kyle Johnson

Kyle Johnson

Head of Product Management
Henry Gimelfarb

Henry Gimelfarb

Head of Sales
Bhumika Arora

Bhumika Arora

Customer Success
Patrick Wachter

Patrick Wachter

Head of Accounting Services
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PlateIQ Office Locations

PlateIQ has an office in San Francisco
San Francisco, US (HQ)
San Francisco
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PlateIQ Financials and Metrics

Summary Metrics

Founding Date

2014

PlateIQ total Funding

$4.5 m

PlateIQ latest funding size

$4 m

Time since last funding

3 years ago

PlateIQ investors

PlateIQ's latest funding round in March 2017 was reported to be $4 m. In total, PlateIQ has raised $4.5 m
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Human Capital Metrics

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PlateIQ Online and Social Media Presence

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PlateIQ Blogs

La Boulangerie’s $2.75 Pizza is Great for Consumers, but Does the Restaurant Get a Piece of the Pie?

Earlier this week, the popular San Francisco chain La Boulangerie launched an innovative and admirable new pizza concept, charging customers only $2.75 for an entire pizza – talk about a bargain!  While providing delicious, organic food at an affordable price is certainly commendable, we wondered, i…

Localization in Invoices

In this blog post we will explain how we do localization for invoice header fields. Examples of header fields include Invoice Number, Date, Tax and Total. Everyday we at Plate IQ process invoices from more than 60K vendors. These include invoices from major food distributors, liquor vendors, produce…

5 Ways to Enhance Your ROI With Social Media and Technology (PlateIQ + Godaddy Social Webinar)

GoDaddy Social and Plate IQ have teamed up to offer insights you wouldn’t necessarily expect from our two companies. How does accounts payable automation even vaguely correspond with building a customer experience? Not an altogether obvious correlation, right? Well, in the restaurant industry you ha…

How to Choose the Best Accounts Payable Automation Software

There are many benefits to automating your restaurant’s accounts payable process. By following some accounts payable best practices, you can improve your restaurant’s bottom line while freeing up valuable time to spend with your customers and food. Automation is an ideal solution for reducing the ti…

7 Ways To Optimize Your Restaurant Accounting

For many restaurant operators, managing the accounts payable process can be one of the most time-consuming, and least rewarding, parts of the job. On top of this — perhaps in part because of this — restaurant accounting often is fraught with human error. The result is an inefficient and ineffective …

Predicting the Impact of Tariffs on Restaurant Food Costs

Here at Plate IQ, we process tens of thousands of invoices across the United States each day. That means we collect a lot of data about what restaurants are buying, how often, and for how much. When President Trump’s tariffs made headlines, we saw an opportunity to analyze what the marke…
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PlateIQ Frequently Asked Questions

  • When was PlateIQ founded?

    PlateIQ was founded in 2014.

  • Who are PlateIQ key executives?

    PlateIQ's key executives are Bhavuk Kaul, Ram Jayaraman and Kyle Johnson.

  • How many employees does PlateIQ have?

    PlateIQ has 68 employees.

  • Who are PlateIQ competitors?

    Competitors of PlateIQ include CMEOW, TouchBistro and Guestfriend.

  • Where is PlateIQ headquarters?

    PlateIQ headquarters is located at San Francisco, San Francisco.

  • Where are PlateIQ offices?

    PlateIQ has an office in San Francisco.

  • How many offices does PlateIQ have?

    PlateIQ has 1 office.