Investing in Your Growth
How Vista is driving growth opportunities for Gather, an events management company.
The restaurant industry represents almost $800 billion in annual revenue and employs over 14 million U.S. workers. While events represent over 30 percent of top-line revenue for restaurant owners, until recently, restaurateurs were using pen and paper to manage this line of business.
Gather’s Co-Founder and CEO Nick Miller, a former Bain & Company Associate, and his business partner Alex Lassiter believed they could solve this challenge by building software that helps restaurants manage and grow their events portfolio. Today, Gather has over 3,500 customers throughout the U.S. and received over $1 billion in sales in 2017.
Miller, who secured a small funding round to start Gather in 2013 and subsequently raised a Series A round in 2016, ran Gather as a lean startup. At the end of 2017, he realized that to scale the business and add to his team, he would need to secure additional investment.