User:Therealmattlocke/Lavu POS

Lavu Point of Sale
Lavu Inc., is an Albuquerque, NM based technology company specializing in cloud based iPad point of sale software products and services. The software offers features for employee labor management, inventory management, financial reporting, analytics and live restaurant floor plans.

Founders Andy Lim and Corey Fiala created Lavu after they were approached by a mutual acquaintance who wanted a simpler way of running and maintaining a Point of Sale (POS). Taking advantage of the soon to be released iPad, Lim and Fiala began developing an application that would revolutionize the POS industry and combine the portability and wireless communication of tablets with the robust features of traditional POS.

Corporate History
Lavu was founded in 2010 by Andy Lim and Corey Fiala. The project initially began to ease the frustrations of a single business owner who was a friend of the co-founders. The appeal of an iPad POS system caught on quickly and spread worldwide in less than a year. Four years later, Lavu is used in over 80 countries on 6 continents and can be translated into any language. “We created our iPad POS to help out a friend,” said CEO Andy Lim, “So, moral of the story: help out your friends.”

In May of 2015, Lavu raised $15 million in Series A funding with Aldrich Capital Partners, an investment firm based in Maryland. Previously bootstrapped, this marked Lavu's first acceptance of external support. Aldrich Partner Mirza Baig joined Lavu’s Board of Directors following the funding round.

Lavu in the Media
Lavu’s POS was featured on 2 seasons of Fox TV's Kitchen Nightmares starring celebrity chef Gordon Ramsay. Kitchen Nightmares is an American reality television series in which chef Ramsay is invited by the owners to spend a week with a failing restaurant in an attempt to revive the business. Lavu’s iPad POS was an integral component to the restaurant makeover. The system was put in place to improve communication, organization, and reporting in what were previously chaotic and inefficient environments.

In 2011, prior to the release of the first generation iPad, a book called iPad at Work was published which discussed the potential of the iPad as a promising business tool. The book featured Lavu as a “full-featured point-of sale-system from which you could easily run a retail business or restaurant”.

Lavu’s iPad POS app was also featured as a Business Insider “App of the Week”.

Lavu again made a television appearance in 2014 on an episode of “Wake Up Call” featuring Dwayne Johnson “The Rock”. The actor helped a business owner by organizing operations in his restaurant, with Lavu at the center of the restructure.

POS Technology
Lavu Point of Sale is a cloud-based solution, developed for restaurants, nightclubs, coffee shops and other service industry establishments. Lavu boasts 300+ restaurant features. Front of House features include: tableside, quick serve or bar layouts, menu item modifiers and images, employee timesheets and clock in/out, easily split checks and many more. Back of house features include employee management and scheduling, inventory tracking, customized reporting and live sales figures.

In addition to serving single location service industry businesses, Lavu also has created customized features for franchises and chains. These features include regional reporting for multiple locations, employee management including access levels for managers, menu duplication across multiple locations and enterprise-level support.

Company Culture
Lavu Inc. believes that the combination of hard work and play leads to the highest productivity. Employees are encouraged to work hard without burning out, which is why staff is offered free lunch and unlimited snacks, coffee and energy drinks, Razor scooters, NERF guns, and spontaneous happy hours.

Lavu has inhabited several locations in the Albuquerque area, each move the result of growth. CEO Andy Lim, a self-made entrepreneur, is constantly aiding local business owners to help them achieve success.This support shows up in the company’s mission, which reads in part “prepare entrepreneurs for success.”