Track Nesto
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Overview
Nesto, a Karlsruhe-based startup, has raised €11 million in growth equity funding from Expedition Growth Capital to enhance its AI-driven workforce management platform for the hospitality industry. Founded in 2017, Nesto automates scheduling, HR workflows, and payroll preparation, addressing labor costs and inefficiencies in the sector. The platform is currently used in over 3,000 restaurants, supporting more than 100,000 employees daily, and aims to expand its capabilities and market presence across Europe.
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Investors: Expedition Growth Capital
Nesto, a Karlsruhe-based startup, has raised €11 million in growth equity funding from Expedition Growth Capital to enhance its AI-driven workforce management platform for the hospitality industry. Founded in 2017, Nesto automates scheduling, HR workflows, and payroll preparation, addressing labor costs and inefficiencies in the sector. The platform is currently used in over 3,000 restaurants, supporting more than 100,000 employees daily, and aims to expand its capabilities and market presence across Europe.