GASTROFIX concludes growth financing with the Radeberger Group as new lead investor and receives eight million euros of growth capital from the Radeberger Group, Germany's largest private brewery group, as part of its Series B financing round.
With more than 9,000 financially-compliant offline-capable iPad® POS systems and the successful "GASTROFIX Honors" for certified distributors, GASTROFIX is setting the pace for its development of the national and international expansion.
200 hotels in seven European countries benefit from a partnership with the gut-Hotels group and GASTROFIX. Both companies sign a cooperation agreement allowing GASTROFIX to open up the hotel market for cloud-based POS systems.
GASTROFIX becomes a member of DFKA – the German professional association for POS and accounting system technology in cash and cashless payment transactions – the only nationally organised professional association.
GASTROFIX manages more than one billion euros in POS sales, passing the billion mark in POS sales. Thanks to our unabatedly strong growth, more than one billion euros in sales are already being transacted via GASTROFIX POS systems.
GASTROFIX presents its employee time recording. The minimum wage is introduced in Germany and GASTROFIX uses this additional function to make it easier for its customers to account and manage personnel costs.
Almost a decade after what one might consider the first generation of GASTROFIX, the company's founders realize that some state-of-the-art technologies, such as iPads®, iPods®, Wireless networks and cloud-based servers, are still not being used in the hospitality POS industry - a business-idea is born.
GASTROFIX AG celebrates its 10th anniversary. The company is growing rapidly and is servicing a customer-base of over 10,000 customers. The major investors in the company prepare themselves and advertise an upcoming IPO.
GASTROFIX converts into a publically traded company and merges with several regional subsidiaries that it owns. Venture capital backing allows continued growth and the employee-base expands to over 80 competent individuals. GASTROFIX beings to be sold worldwide.
Major contracts and framework agreements are negotiated and commence with Sharp, Omron, Wincor Nixdorf, Bosch and WMF. All parties agree to utilize the GASTROFIX software as the solution for their PC-based hardware.
Breakthrough at the CeBit
GASTROFIX's first tradeshow stand results in dozens of nationwide deals agreeing to sell and distribute software. GASTROFIX leads the competition by being first to market with a unique graphical table-plan layout integrated into its software.
At the Intergastra trade show, the company introduced the first wirelessly operating POS-terminal which functioned as an actual ordering unit within the hospitality industry. The unit worked with infrared data transmission, years before the Orderman competitor even considered bringing mobile devices to the market.
In „Gasthaus Zum Stiefel“ The first ever GASTROFIX POS-System was installed in the "Gasthaus Zum Stiefel" in Saarbruecken. This first ever install incorporated 12 PCs and 6 impact printers to form the company's first POS network.