Favrit

Favrit is a next-gen POS system for restaurants, bars, and events.

Favrit is a next-gen POS system for restaurants, bars, and events.

Visit website

favrit.com https://favrit.com

Milestones

Founded in 2019

Investment year

2021

Investment stage

Series A

Investment status

Portfolio

Deal team

Patrik Backman

Tony Nysten

Favrit is a next-gen POS system for restaurants, bars, and events.

With the rise of digital-first guest experience in the hospitality industry, Favrit has developed a next-gen virtual order and pay platform that eliminates the need for clunky old-fashioned POS systems. By offering digital menus, self-ordering, and payment solutions, Favrit has redesigned the customer journey with the guest at its core, helping businesses boost efficiency, increase sales, and enhance the overall customer experience.

News highlights

Why are we still building development teams like it’s 2020?

Why are we still building development teams like it’s 2020?

Twenty-five years ago, I could have written that same sentence and replaced “AI” with “the Web,” and forty years ago, “the personal computer.” This is not an article about needing to use Claude or other agentic AI tools; that is something you should be doing already. In this case, I’m talking about a fundamental restructuring of how software gets built and deployed.

Duleepa “Dups” Wijayawardhana

Venture Partner

Portfolio spotlight: Dreamfold

Portfolio spotlight: Dreamfold

Welcome to our portfolio spotlight series, where we highlight the teams behind some of the most ambitious technical companies. A company is only as strong as the people behind it, which is why we share the stories of the teams driving these disruptive innovations.

General Partner

What founders get wrong about speed and scale

What founders get wrong about speed and scale

Every founder faces the same question: how fast should you go? In conversation with our Venture Partner, Duleepa “Dups” Wijayawardhana, we explored why so many startups struggle to balance speed, quality and scale, and how to get it right (at least most of the time). As Dups puts it, for every rule there is an exception, and for every exception there is something to learn.

Duleepa “Dups” Wijayawardhana

Venture Partner