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Round2 provides PreciTaste with 7-figure revenue-based financing

The New York company makes kitchen-management software and will use the facility for European expansion, after a $24 million Series A in August 2022.

Undiluted Editorial2 min readUpdated

About the deal

Borrower
PreciTaste
Facility
RBF
Lender
Round2 Capital
Sector
Food & Agriculture
Region
North America
Country
United States
Announced

Round2 Capital has provided PreciTaste with 7-figure revenue-based financing to support the New York company's European expansion. The Vienna-based firm dated the announcement Vienna/New York, 13 June 2026.

The financing is non-dilutive. The size of the facility was not further disclosed.

PreciTaste makes kitchen-management software, sold under the PreciTaste and PreciBake brands. Founded in 2012 by Laura Stork-Wersborg and Dr Ingo Stork-Wersborg, the company is headquartered in New York and has offices in Germany and India. Dr Ingo Stork-Wersborg is chief executive.

PreciTaste said the capital will accelerate its deployment rollout and product expansion across Europe. Round2 said the money will also help the company convert contracted annual recurring revenue into live, billing deployments and deepen its European presence. The firm described the structure as leaving existing shareholders in full control of the company, and said it is joining a US-based cap table as a European financing partner.

Heinz Marx, managing partner at Round2 Capital, said: "PreciTaste has built a highly differentiated AI platform with a strong proprietary data advantage, exceptional customer retention, and impressive ARR growth." He said the firm was supporting the team on its next stage of growth.

Dr Ingo Stork-Wersborg said the financing would accelerate growth and deepen PreciTaste's European presence.

The facility follows a $24 million Series A announced on 9 August 2022. Melitas Ventures, an existing investor, and Cleveland Avenue led that round, with participation from Enlightened Hospitality Investments and Monogram Capital Partners. TechCrunch reported at the time that PreciTaste had been bootstrapped until the Series A.

Round2 Capital, founded in 2017 and based in Vienna, is a pan-European growth investment firm with €170 million under advisory. The firm provides revenue-based financing and growth equity to software and technology companies. It said it has invested in more than 40 scale-ups across nine jurisdictions and is backed by the European Investment Fund.

In November 2022 Round2 completed a first close of €62 million on Round2 Capital Fund II, a Luxembourg vehicle with a €100 million target for revenue-based lending to European B2B software companies. The European Investment Fund was the anchor investor.

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Sources

  1. Round2 announcement (opens in a new tab)Round2 CapitalAnnouncement
  2. FinSMEs Series A report (opens in a new tab)FinSMEsReport
  3. PreciTaste Series A statement (opens in a new tab)PR NewswireAnnouncement
  4. TechCrunch Series A report (opens in a new tab)TechCrunchReport
  5. Round2 Fund II first close (opens in a new tab)Round2 CapitalAnnouncement
  6. FinSMEs 2026 pickup (opens in a new tab)FinSMEsReport