A recent Brandery alum is ready to grow, thanks to a new injection of capital.
Tango — which formerly was headquartered in Toronto but now calls Cincinnati home — has received a $1.1 million investment led by Houston-based Golden Section Ventures, according to a news release. Golden Section specializes in investing early-stage companies that cater to businesses.
Tango's technology makes on-premise buying and selling faster for restaurants and bars by allowing customers to complete orders via their smartphones, according to its website. This investment is meant to help the two-year-old company scale.
"Hospitality is at an inflection point," Tango CEO Alan Shortz said in a statement. "Businesses across the board are looking for new innovations to help them redefine how they do things. Our goal at Tango is to help them do more with less — a message really resonating right now."
Shortz founded the company with Mark Provost and Colin Wymore.
Tango was one of five startups to participate in the Brandery's 10th cohort in 2019.
