Tapville RAISES $1,070,000 on Startengine

Naperville, IL. April 2021. Tapville, the innovative tech-forward food and beverage franchising & licensing concept announced the $1,070,000 milestone of capital raised on StartEngine.com. The milestone marks the completion of the round of capital for StartEngine.com. Tapville launched an equity crowdfunding campaign in 2020 to raise capital to support the expansion of its franchising & licensing brands. Over 1900 investors have purchased shares in Tapville with minimum investments starting at $200.

Tapville was featured in September 2020 by Restaurant Business Magazine in a story about how alternative financing like equity crowdfunding is being used by restaurants to raise capital from their biggest fans— their customers.

“We are very excited about the opportunity to offer our shares publicly to investors. In our opinion, Tapville is uniquely positioned in the post-pandemic world to become the premier franchisor and licensor of self-service technology and concepts”, said Joseph Tota, CEO of Tapville.

Tapville closed on 13 franchise deals in 2020 during a year that was impacted by the pandemic. In addition to brick & mortar restaurants, Tapville franchises kiosks and mobile taprooms. Tapville also has a product licensing division that offers self-pour TapWalls and Mobile units for existing operators in hospitality, travel, retail and entertainment.

Tapville is taking major steps to reduce the cost of labor through innovations like self-pour taps (also reducing wasted draft beer), table tablet ordering, and a smartphone loyalty app, while upping the ceiling for customer satisfaction through an increased level of possible customization.

By using advanced data collection, our locations can create highly specific profiles for all our customers and use these insights to market to similar demographics on social media platforms. This also gives Tapville a leg-up when it comes to tweaking the customer experience, adapting the menu options, and more.

About Tapville

Tapville Franchising, Inc, “Tapville” is a franchisor & licensor of restaurant, kiosks and mobile units that specialize in self-pour & self-service technology. Tapville offers franchises for brick & mortar, retail, travel and entertainment segments. Tapville is headquartered in Naperville, IL. www.tapville.co