“Can an AI 'back-of-house brain' become the operational system of record for independent and multi-venue restaurants?”
Restoke was built in 2019 by Melbourne restaurant operators who wanted to replace kitchen-spreadsheet chaos with a single back-of-house platform. A 2023 seed round from Rampersand, EVP and Unpopular Ventures funded international expansion into the US. In 2025 the company repositioned around AI — rebranding to restoke.ai and marketing a 'restaurant intelligence' layer that automates invoice capture, food costing and vendor ordering across POS and accounting systems. The company remains an operations/intelligence SaaS, not an embedded-finance platform.
Restoke processes payments through global payments.
The Embedded Finance Index 2026 maps 2 layers in Restoke's stack: Payments / PSP (global payments); Accounting (Xero and MYOB).
Restoke was founded by Assaf Stizki and Ken Brand and is founded in 2019, headquartered in Melbourne, Victoria, Australia.
Restoke has raised $3.44M (disclosed, seed) in total (latest round: Seed).
Get a read on where your own stack stands against Restoke and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.