Math Venture Partners

Founded in 2014, Math Venture Partners is a Chicago-based venture capital firm focused on early to middle-stage investments. They specialize in technology companies across the United States and Canada, with a particular interest in software, healthcare tech, and e-commerce sectors. The firm forms deep partnerships with entrepreneurial teams that have customer acquisition as part of their core strategy.

Mark Achler

Managing Director

Troy Henikoff

Managing Director

David Semmel

Venture Partner

Dana Wright

Managing Director and Partner

Past deals in Restaurants

ChefHero

Series A in 2023
ChefHero Inc. is a technology company based in Toronto, Canada, that provides a mobile and web application designed for businesses in the food service industry to order wholesale restaurant supplies from regional suppliers. Founded in 2015, ChefHero serves a diverse clientele, including restaurants, bars, coffee shops, food trucks, and catering services. The platform streamlines the procurement process, allowing users to efficiently source necessary supplies while enabling chefs and food service professionals to focus more on their culinary creations. By connecting businesses with a network of dedicated suppliers, ChefHero enhances operational efficiency in the food industry.

ClearCOGS

Seed Round in 2022
ClearCOGS is an AI-driven SaaS platform empowering restaurants to optimize operations and enhance profitability through data-inspired insights. It simplifies decision-making by offering accurate forecasting of menu item demand, precise inventory management, and integration with leading POS systems. By synthesizing restaurant data from various sources, ClearCOGS acts as a fractional digital CFO/COO, helping restaurants operate efficiently like large chains.

86 Repairs

Series A in 2022
86 Repairs is a computer software company that offers a subscription-based platform designed to streamline the repair and maintenance processes for restaurant groups. Founded in 2018 and headquartered in Chicago, Illinois, the company provides comprehensive management of equipment repairs, including for ice machines, dishwashers, and ovens. Its services feature 24/7 support from a team of experts and deliver actionable insights aimed at enhancing back-of-house operations. By handling the entire service process, 86 Repairs allows restaurant owners to alleviate the burdens of equipment maintenance, enabling them to concentrate on providing quality service to their guests.

ChefHero

Series A in 2021
ChefHero Inc. is a technology company based in Toronto, Canada, that provides a mobile and web application designed for businesses in the food service industry to order wholesale restaurant supplies from regional suppliers. Founded in 2015, ChefHero serves a diverse clientele, including restaurants, bars, coffee shops, food trucks, and catering services. The platform streamlines the procurement process, allowing users to efficiently source necessary supplies while enabling chefs and food service professionals to focus more on their culinary creations. By connecting businesses with a network of dedicated suppliers, ChefHero enhances operational efficiency in the food industry.

86 Repairs

Seed Round in 2021
86 Repairs is a computer software company that offers a subscription-based platform designed to streamline the repair and maintenance processes for restaurant groups. Founded in 2018 and headquartered in Chicago, Illinois, the company provides comprehensive management of equipment repairs, including for ice machines, dishwashers, and ovens. Its services feature 24/7 support from a team of experts and deliver actionable insights aimed at enhancing back-of-house operations. By handling the entire service process, 86 Repairs allows restaurant owners to alleviate the burdens of equipment maintenance, enabling them to concentrate on providing quality service to their guests.

Chowly

Venture Round in 2021
Chowly develops software that connects restaurant point-of-sale systems with third-party online ordering platforms. The solution automates the transfer of orders from online channels into the POS, eliminating manual entry by staff. Founded in 2015 and based in Chicago, the company aims to streamline restaurant operations, reduce staffing costs, lower errors, improve order controls, and expand revenue by enabling seamless online orders.

2ndKitchen

Seed Round in 2019
2ndKitchen, Inc. is a Chicago-based company founded in 2017 that provides a platform for businesses without kitchens to offer food to their customers. By partnering with nearby restaurants, 2ndKitchen enables establishments such as bars, pubs, hotels, and co-working spaces to create custom-branded menus featuring curated selections from local eateries. The company's integrated system includes kiosks for seamless ordering, allowing customers to enjoy freshly delivered meals directly at their location. This innovative approach not only enhances the customer experience but also benefits restaurants by expanding their reach to new dining venues. Through efficient order bundling and short-distance deliveries, 2ndKitchen ensures that food arrives hot and quickly, creating a mutually beneficial arrangement for all parties involved.

86 Repairs

Seed Round in 2019
86 Repairs is a computer software company that offers a subscription-based platform designed to streamline the repair and maintenance processes for restaurant groups. Founded in 2018 and headquartered in Chicago, Illinois, the company provides comprehensive management of equipment repairs, including for ice machines, dishwashers, and ovens. Its services feature 24/7 support from a team of experts and deliver actionable insights aimed at enhancing back-of-house operations. By handling the entire service process, 86 Repairs allows restaurant owners to alleviate the burdens of equipment maintenance, enabling them to concentrate on providing quality service to their guests.

2ndKitchen

Seed Round in 2019
2ndKitchen, Inc. is a Chicago-based company founded in 2017 that provides a platform for businesses without kitchens to offer food to their customers. By partnering with nearby restaurants, 2ndKitchen enables establishments such as bars, pubs, hotels, and co-working spaces to create custom-branded menus featuring curated selections from local eateries. The company's integrated system includes kiosks for seamless ordering, allowing customers to enjoy freshly delivered meals directly at their location. This innovative approach not only enhances the customer experience but also benefits restaurants by expanding their reach to new dining venues. Through efficient order bundling and short-distance deliveries, 2ndKitchen ensures that food arrives hot and quickly, creating a mutually beneficial arrangement for all parties involved.

Chowly

Series A in 2018
Chowly develops software that connects restaurant point-of-sale systems with third-party online ordering platforms. The solution automates the transfer of orders from online channels into the POS, eliminating manual entry by staff. Founded in 2015 and based in Chicago, the company aims to streamline restaurant operations, reduce staffing costs, lower errors, improve order controls, and expand revenue by enabling seamless online orders.

ChefHero

Series A in 2018
ChefHero Inc. is a technology company based in Toronto, Canada, that provides a mobile and web application designed for businesses in the food service industry to order wholesale restaurant supplies from regional suppliers. Founded in 2015, ChefHero serves a diverse clientele, including restaurants, bars, coffee shops, food trucks, and catering services. The platform streamlines the procurement process, allowing users to efficiently source necessary supplies while enabling chefs and food service professionals to focus more on their culinary creations. By connecting businesses with a network of dedicated suppliers, ChefHero enhances operational efficiency in the food industry.

Chowly

Seed Round in 2017
Chowly develops software that connects restaurant point-of-sale systems with third-party online ordering platforms. The solution automates the transfer of orders from online channels into the POS, eliminating manual entry by staff. Founded in 2015 and based in Chicago, the company aims to streamline restaurant operations, reduce staffing costs, lower errors, improve order controls, and expand revenue by enabling seamless online orders.

EatStreet

Series C in 2015
EatStreet is a food delivery and online ordering platform that connects diners with local restaurants across the United States. The service operates via web and mobile apps, including iPhone and Android, enabling users to order delivery or takeout from their favorite eateries. Founded in 2009 and headquartered in Madison, Wisconsin, EatStreet provides a centralized hub for restaurants to reach new customers and manage online ordering and marketing. The platform aggregates partner restaurants into a comprehensive listing and offers a streamlined ordering experience, helping diners discover options and restaurants grow their sales.
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