Funding from Cadron Creek Capital to Support Eyenalyze CPA-friendly Back-Office Restaurant Technology
CONWAY, Ark., May 24, 2016 /PRNewswire/ — Eyenalyze, the leader in CPA-friendly restaurant back-office solutions, today announced seed funding from Cadron Creek Capital. The funding will be used to further Eyenalyze’s solution which simplifies restaurant back-office business including inventory, plating cost and employee tracking – all while providing end data that is useful and compatible with financial analysis and reporting.
“We believe that Eyenalyze’s mission, not only in producing a powerful suite of back-office PC and mobile apps, but also their vision in creating a seamless bridge between the data captured by their system and the world of CPAs, is an offering that is sorely needed by small- and medium-sized restaurant chains,” said Jeff Standridge, co-founder, Cadron Creek Capital. “Having their solution already successfully adopted by numerous restaurant franchises, we’re looking forward to Eyenalyze’s continued momentum and development of their offerings.”
With a focus on process innovators, technology and technology-enabled startups, Cadron Creek Capital is a seed capital investment fund designed to foster the growth in entrepreneurial activity and venture financing throughout Arkansas and the mid-South.
“Eyenalyze provides powerful technology tools, usually reserved for national chains, to regional and independent restaurant operators,” said Michael Rasmussen CPA, CEO of Eyenalyze. “Cadron Creek Capital’s investment in our company underscores our value proposition and will help us to further improve our offering, providing restaurant owners and managers with the technology tools they need for success.”
Founded in 2013, Conway, Arkansas-based Eyenalyze is the first company to provide complete near real-time analytics developed by restaurant operators, for operators and advisors. Eyenalyze’s proprietary, patent-pending API retrieves daily updates from POS, Vendor/Supplier, Ingredient/Menu, Payroll, Credit Card, and Banking systems. Eyenalyze tools, accessible via web or mobile device, enable restaurants to optimize nearly all back-office operations, increasing gross and profit margins and creating a platform for success that is not often available to the small independent operator.