All-in-One Hospitality Platform, KEXY, Joins the Techstars Portfolio
KEXY streamlines the supply chain between retailers, distributors and suppliers
Encinitas, California, United States, 12th Oct 2022 – KEXY is a revolutionary new platform that is disrupting the traditional food and beverage sales model between retailers, distributors and suppliers. With 20+ years of experience in hospitality, KEXY co-founder Scott Graham built an all-in-one marketplace that bridges the gap between retailers, distributors and brands. KEXY functions as an inventory management system for retailers, a sales platform for distributors, and a marketing tool for brands. Now restaurants, brands and reps can work together on one easy-to-use platform, saving them time and boosting their bottom line.
Founded in 2018, KEXY has over 700 establishments on the platform, including Applebee’s, Texas Roadhouse, Blaze Pizza, independent restaurants, bars and nightclubs.
“I know firsthand how inefficient operations and communications have led to the worst supply chain issues that restaurants, distributors, and brands have ever faced,” says Graham. “Now, restaurants can purchase the right products to help their bottom line, distributor reps know when the best time is to sell their products, and brands can market their products to a wider audience.”
Recently, KEXY was invited to join the Techstars accelerator program, one of the most prestigious in the world. The program is designed to help startups grow and scale their businesses, and it provides access to a network of mentors, investors and other resources. In addition, the program offers a $120,000 investment from Techstars.
To be accepted into the program, startups have to go through a rigorous application process. Of the thousands of applications received each year, only around 1% are accepted. In addition to joining the Techstars Accelerator, KEXY is in a pre-seed funding round with the goal of raising $500,000 for further development of the platform.
“The Techstars accelerator program is one of the most competitive in the world. We are honored to be part of this prestigious program, and we are looking forward to growing our business with the help of the resources that it provides,” says Graham.
By reimagining how retailers, distributors, and suppliers communicate and conduct commerce, KEXY is poised to enhance transparency and efficiency in a traditionally archaic industry.
KEXY is an all-in-one marketplace that bridges the gap between restaurants, distributors and retailers, solving supply chain issues in the hospitality industry. By making it easier to source, order and sell products, this hospitality marketplace streamlines operations between all parties along the food and beverage supply chain.
Contact Person: Scott Graham
Country: United States
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