Webinar: NxtGen Nexus LIVE WEBINAR - From 100-year old Family Business to Raising $100M in Venture Capital
Date and Time
Wednesday Feb 21, 2024
12:00 PM - 1:00 PM EST
February 21, 2024
12 noon (EST)
Location
LIVE Webinar - Register here
Fees/Admission
Free!
Website
Contact Information
Jill Hofmans, Executive Director
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Description
Alex Canter’s desire for change in his family owned deli led to creating Ordermark where he raised $100+M and changed the restaurant industry.
Canter’s Deli – the legendary Jewish Deli in Los Angeles that hosted dignitaries including Mick Jagger, Haim, and Guns & Roses - is where Alex was known as “Mini Patrón,” or “El Patrón” which is little boss. He started waiting tables at age 13 and after college, he returned to Canter’s and introduced POS and other innovations that didn’t always go well with the family members and employees.
In 2015, Canter’s delivery business started to boom as they signed up for GrubHub, DoorDash, UberEATS, Postmates, delivery.com, and more. Each company had its own proprietary software so there were nine separate tablets handling to-go orders in the kitchen. From this chaos, a new company was formed.
Alex will share stories ranging from being a family-owned restaurant open 24/7 for the past 50-years to receiving a check for $100+M in venture meeting that lasted 25-minutes.
We are excited to have him discuss everything from growing up in the family business to raising initial capital for the business. You will have an opportunity to submit questions in the chat during the session.
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