22/8/2024

GoStan Secures Funding to Enhance Wine and Spirits Management for Restaurateurs

Innovative Start-Up Boosted by Recent Investment

In a significant move to expand its innovative digital solution for beverage management, the Bordeaux-based start-up GoStan has successfully raised €350,000. This financial infusion, coming shortly after initial seed funding from BPI France, positions the company to rapidly scale its operations and meet the growing demand for digital tools in the restaurant industry.

A Tool Designed for Efficiency

Founded in 2023 and supported by entities like Unitec and the Bernard Magrez Start-up Win, GoStan has introduced a dedicated platform aimed at revolutionizing how restaurateurs manage their wine and spirits inventory. Alexis Gendreau, the founder of GoStan, emphasizes the tool's efficiency. "Our software is designed to integrate seamlessly and interact smoothly with customer support, freeing up restaurant professionals to focus on what they truly love and enhance their business value," he states. The solution reportedly boosts profitability by approximately 10 to 15% by providing better control over cash flow, product margins, and overall financial health.

Tailored to the Industry's Needs

GoStan's platform, developed specifically for wine and spirits management, was conceived and perfected in close collaboration with sommeliers to ensure it meets the specific needs of the industry. By connecting with various Point of Sale (POS) systems, the software facilitates real-time sales data synchronization and automates inventory updates. This not only saves considerable time for restaurateurs but also provides detailed analytics for strategic decision-making, helping to minimize both stock shortages and excesses.

Expanding Client Base and Partnerships

Currently serving a growing list of clients, GoStan is also forging partnerships with multiple POS systems providers to enhance the utility and reach of its solution. These collaborations are integral to the company's strategy to embed its technology deeply within the operational workflows of the hospitality industry.

As GoStan continues to evolve and expand, it promises to be a game-changer in the way restaurateurs handle the critical aspects of beverage management, ultimately leading to more efficient and profitable operations.