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fernway-one-pager.md

# Fernway, seed round

problem: restaurant groups pay 1,200+ invoices a month by hand

product: reads invoices, matches POs, pays vendors

traction: $42k MRR, +18% a month for 6 months

38 restaurant groups, none churned

market: 61k US groups with 3+ locations

team: ex-Toast payments, ex-Square risk

raising $3M seed, 20 months runway

Traction
Monthly recurring revenue
$42k
Up 18% a month for 6 months, across 38 restaurant groups
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