Company Research Report for Sunday

Company Overview

• Name: Sunday

• Mission: No explicit mission statement is provided in the data. However, it can be inferred that Sunday is focused on revolutionizing restaurant payments to enhance dining experiences by providing innovative payment solutions.

• Founded: 2021

• Founders: Victor Lugger and Tigrane Seydoux, co-founders behind Big Mamma, and Christine de Wendel, ex-Zalando and Mano Mano.

• Key People:

• Victor Lugger, Co-founder

• Tigrane Seydoux, Co-founder

• Christine de Wendel, Co-founder

• Headquarters: Paris, France; London, United Kingdom; Atlanta, United States; Chicago, United States

• Number of Employees: 51-200 employees

• Revenue: No specific revenue data is available.

• Known For: Sunday is recognized for its innovative payment solutions for restaurants, which include QR code payments, smart handheld devices, and other digital payment solutions.

Products

Payment Solutions

Sunday offers a comprehensive range of payment products tailored specifically for the restaurant industry:

• Digital Bill: Payment via QR code that simplifies paying the bill at restaurants.

• Smart Handheld: Devices designed to make restaurant operations simpler and more efficient.

• Order & Pay: QR code ordering solution to streamline the ordering process.

• Digital Tab: A digital way to open and manage tabs.

• Click & Collect: Enables ordering from anywhere, enhancing customer flexibility.

• Pre-ordering: Allows group ordering in advance.

• Pre-payment: Facilitates taking deposits with payment links.

Key Features

• Operational Efficiency: Provides tools to streamline operations, such as shift management, smart menus, and easy accounting.

• Staff Incentives: Tips booster and performance monitoring to retain and motivate team members.

• Customer Engagement: Online reputation management, loyalty rewards, and personalized branding options.

• Analytics: Business and customer analytics to drive decision-making and operations.

Recent Developments

• New Products:

• Sunday has launched new handheld devices and digital tabs to simplify restaurant operations.

• Partnerships:

• Collaborated with Checkout.com to offer faster T+1 payments, enhancing cash flow for restaurants.

• Partnered with Epos Now to simplify payment processes for hospitality clients.

• Funding:

• Raised $100 million in a Series A funding round in October 2021 to enhance its presence in the North American market.

• Acquisitions:

• Acquired CHK PLZ to expand its contactless payment solutions.

• Growth and Impact:

• Partnered with 2,000+ restaurants globally.

• Processed $900 million and redistributed $38 million in tips.

• Contributed significantly to enhancing top-line revenues and operational efficiency for partner restaurants like Parched Hospitality Group, which saw a 10% increase in revenue.

Additional Information

• Recent Achievements: Restaurants using Sunday have reported substantial improvements, including faster table turns and increased customer spend per head. The solution has also been crucial in gathering thousands of five-star Google reviews.

• Corporate Culture: Sunday is committed to diversity and inclusion, emphasizing diverse hiring and an inclusive work environment.

• Industry Recognition: Sunday is trusted by various prestigious dining establishments, from casual eateries to Michelin-starred restaurants.

This report highlights Sunday's innovative approach to streamlining restaurant payment processes and enhancing customer and staff experiences, establishing itself as a leader in restaurant technology solutions globally.