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§ Private Profile · New York City, NY, USA
Table22 is a technology company.
Table22 is a platform that helps restaurants and retailers launch subscription and membership programs, enabling them to generate new revenue streams and strengthen guest loyalty.
Table22 has raised $11.0M across 1 funding round.
Table22 has raised $11.0M in total across 1 funding round.
Table22 has raised $11.0M across 1 funding round. Most recently, it raised $11.0M Series A in October 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2024 | $11M Series A | Lightspeed Venture Partners | ALT Capital, Angelic Ventures, Astanor Ventures, First Round Capital, Footwork, Forerunner Ventures, Greylock, Rainfall Ventures, Sweet Capital, Twelve Below, Uncork Capital, Volition Capital, Gwyneth Paltrow, Harry Hurst, JEN Rubio Butterfield | Announced |
Table22 is a New York- and Austin-based technology company providing an e-commerce enablement platform for food and beverage merchants, including restaurants, wine shops, butchers, bakeries, and cheesemongers. It enables reliable new revenue models like subscriptions, drops, pre-orders, and memberships, handling storefronts, payments, customer service, marketing, and fulfillment to grow sales without added workload.[1][2][3] Trusted by thousands of top operators, Table22 powers branded offerings that boost predictable revenue and guest loyalty, with merchants reporting 7-figure sales increases and profit boosts over 100% in some cases; the company has raised $11M in funding, achieved 3x YoY growth, 99.5% monthly retention, and expanded across 38 states.[2][3][4]
Table22 launched in mid-2020 amid restaurant challenges, founded by a team of ex-Uber, Warby Parker, and Squarespace professionals led by Sam (likely CEO Sam Petrosino, based on context), including eaters, leaders, product designers, engineers, data scientists, marketers, finance experts, and culinary school alumni.[2][4] The idea emerged from recognizing restaurants' need for new patronage models beyond dining halls, especially during the pandemic, evolving into a purpose-built platform for subscriptions and e-commerce that quickly gained traction with hundreds of merchants generating six-figure revenues.[1][3][4] Pivotal early growth included a Series Seed round led by New Enterprise Associates (NEA) and a Series A from Lightspeed Venture Partners, fueling 7x annualized subscription revenue growth.[3][4]
Table22 rides the shift toward subscription economies in food & beverage, akin to Shopify for e-commerce, Patreon for creators, and Substack for newsletters, tapping a $1 trillion incremental spend in grocery and off-premise consumption.[3][4][5] Timing aligns with post-pandemic merchant needs for high-margin, predictable revenue amid thin dining margins and delivery pitfalls, enabling "positive sum" growth where platforms and merchants thrive together.[3] It influences the ecosystem by empowering independents across 38 states to monetize brand equity, deepen consumer ties, and launch new lines without fixed-cost expansion, countering commoditized third-party apps.[1][3][4]
Table22 is poised to deepen penetration in hospitality e-commerce, potentially expanding to more merchant types and international markets as subscription models standardize. Trends like rising consumer demand for direct, branded experiences and AI-driven personalization will amplify its CRM and fulfillment edges, sustaining 3x+ growth trajectories. Its influence may evolve into a dominant "business-in-a-box" for food merchants, further growing the pie for America's operators while scaling toward unicorn status through embedded revenue share.[3][4] This positions Table22 as a win-win engine, much like its core promise: unlocking revenue left on the table.[1]
Table22 has raised $11.0M in total across 1 funding round.
Table22's investors include Lightspeed Venture Partners, Alt Capital, Angelic Ventures, Astanor Ventures, First Round Capital, Footwork, Forerunner Ventures, Greylock, Rainfall Ventures, Sweet Capital, Twelve Below, Uncork Capital.