Nesto raises €11m from Expedition to scale AI workforce management for restaurant groups

Nesto Software GmbH, a Karlsruhe-based workforce management platform for restaurant groups, has secured €11 million in growth equity from Expedition Growth Capital. The bootstrapped company serves over 3,000 restaurant locations and 100,000 daily employee shifts across Europe, offering scheduling, demand forecasting, HR workflows, and payroll preparation. Key outcomes cited include 92% demand forecast accuracy, 10% labour productivity improvement, and a 9% staff cost reduction at McDonald's European franchise operators. The funding will accelerate development of NORA, Nesto's AI assistant being expanded into a full agentic framework capable of autonomously executing multi-step back-office workflows such as absence management, shift-swap approvals, and payroll exception handling.