Arlington, VA–January 15, 2024–
As the restaurant industry accelerates its modernization efforts, Qu’s powerful platform and strategic innovations culminated in a watershed year of exceptional growth and milestones in 2024.
Major milestones achieved by the Qu team in 2024 include an impressive 112% recurring revenue growth (ARR) and 125% site growth driven by nearly 40% new enterprise customers. Over the past three years, Qu attained a 670% growth rate, reinforcing its status as a leader in the rapidly evolving restaurant tech landscape and earning it the No. 176 spot on the prestigious Deloitte Technology Fast 500™ in North America.
Qu’s growth highlights its pivotal role in transforming restaurant operations with the stability, scalability, and innovation necessary to propel the industry’s evolution toward a more unified and resilient future. Empowering quick-serve and fast-casual brands to move beyond POS limitations, Qu’s unified commerce ecosystem includes unified menus, unified kitchen and fulfillment, and a unified data-driven foundation for real-time insights and cost controls.
Speed of Deployments: Driving Time to Value
Qu accelerated its installation timeframes by focusing on improved processes and product readiness in 2024. The result: rapid customer deployments and shortened time to value for their new platform investment, minimizing time spent on multi-platform operations and managing multiple redundant systems.
Modernizing Operations and Unifying Commerce
Qu’s unified commerce platform has emerged as a critical enabler helping enterprise brands modernize operations and scale efficiently. The platform’s ability to simplify menu management, improve order accuracy, and provide real-time reporting has transformed operations for customers, setting a new benchmark for speed and innovation.
Doug Cook, SVP and Chief Technology Officer at Jack in the Box, stressed the criticality of speed in today’s fast-moving restaurant environments:
Expanding the Ecosystem: Certified Partner Growth
A key driver of Qu’s momentum has been the expansion of its Certified Partner ecosystem. In 2024, Qu added 24 new certified integrators to its platform—doubling its certification pace from 2023—providing restaurants with access to a diverse array of symbiotic systems to enhance operational efficiency and innovation.
The certifications span critical solution categories, including Labor Management, Inventory Management, Voice AI, Customer Experience, Loyalty & Marketing, Customer Data Platforms (CDP), Menu Boards, Order Confirmation Boards, Payments & Gift Cards, and Analytics. The total list of certified partners now exceeds over 100 industry-leading companies all integrated into Qu’s Unified Commerce Platform.
Leon Davoyan, Chief Technology Officer with Dave’s Hot Chicken, emphasized how Qu’s flexible integrations, paired with stability and control, are making a difference for their guests and franchisees:
Qu’s relentless focus on innovation and execution is paving the way for a new era of growth and success in the restaurant industry. With a strong foundation and a vision for the future, Qu has established itself as a vital partner for enterprise restaurant brands looking to lead in today’s fast-changing landscape.