Sunday announced raising $24 million in a round led by Coatue and joined by New Wave.

Sunday, a Paris, France-based startup developing a consumer facing B2B software suite for the hospitality business, announced the completion of a $24 million capital investment round.

The deal, which values the company at $140 million post-money, was done with investors led by the US-based Coatue, joined by the France-based New Wave and multiple angel investors whose name remained undisclosed.

Sunday was founded in 2014 by Victor Lugger, Tigrane Seydoux and Christine de Wendel, with the first two previous founders of a successful restaurant chain from France, Big Mamma. They developed a software solution helping restaurants manage the entire customer cycle on-premises from the food ordering to payment, with add-ons such as integrating with legacy systems such as Oracle Micros, Brinks, Tiller, Zelty, Revo, CashPad, etc.

The clients can also scan the QR code, check their tab and pay directly from their phone. When they’re done eating, they can pay by themselves, stand up and leave.

Also interesting, the company's business model is getting a cut from the payments processed, without any hidden costs.

Sunday says it has already onboarded paying customers, with more than 1,000 restaurants and hotels have signed up to the app, including Corbin & King, owners of the Wolseley and Delaunay in London, Four Charles Prime Rib in New York and the Hoxton chain, which runs nine hotels across Europe and the US.