Layoff
Aug 2022Allset announced a 30% workforce reduction affecting 29 employees, citing the economic downturn, restructuring, unit economics and runway; transition payments and extended benefits were offered.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 2, 2026
Overview
Allset Technologies (allsetnow.com) was a restaurant ordering and contactless-dining marketplace founded in 2015 by Stas Matviyenko and Anna Polishchuk. It helped diners discover local restaurants, pre-order and pre-pay for pickup or dine-in, and earn rewards, while helping restaurants offer lower-fee ordering than delivery marketplaces. SoundHound AI announced the acquisition of key Allset assets on June 20, 2024; Allset’s team and restaurant relationships moved to SoundHound, and the Allset company page later stated that it was no longer active.
Primary product
Allset food pickup, pre-ordering, dine-in/contactless ordering and rewards marketplace, including Allset for Teams for company-paid employee meals.
Founded
2015
Headquarters
Los Angeles, California, United States
Team size
23 in a 2026 LinkedIn company-page snapshot; historical hiring material described more than 80 employees before the 2022 reduction.
Work style
Flexible
Industry
Information Technology & Services
Sub-industry
Restaurant technology, online food ordering and local-commerce marketplace
Offices
Los Angeles, California, United States
San Francisco, California, United States
New York, New York, United States
Funding
Stage
Acquired by SoundHound AI in June 2024; no longer an independent venture-backed company
Total raised
$17.1M
Latest round
Early-stage/venture round reported by Tracxn · Jul 2021
Jun 2024 · SoundHound AI
Aug 2021
People & investors
Leadership
Co-founder and CEO of Allset; subsequently part of SoundHound’s voice-commerce effort
Co-founder and former COO/Chief Product Officer of Allset; Director of Product Management, Voice AI Monetization at SoundHound AI (2025 profile evidence)
Chief Technology Officer / Director of Engineering
Work & culture
Public recruiting material emphasized an international, mission-driven startup culture focused on making everyday dining more efficient, with distributed teams across the United States, Ukraine and other countries. The company highlighted learning, ownership, restaurant/customer impact and collaboration; culture evidence is primarily historical because Allset was acquired and its company page became inactive.
Work style
Flexible
Compensation
Historical recruiting material described competitive salary and stock options but did not publish ranges. Levels.fyi has anonymous Allset salary records, without a reliable public compensation benchmark in the reviewed evidence.
Benefits
Competitive salary
Stock-option plan
Health insurance
Paid lunches through Allset corporate credits
Product & market
Pricing
Consumer ordering was free to use with restaurant-specific order economics and rewards/cashback; Allset promoted lower fees than delivery apps. Allset for Teams was a B2B company-paid-meals product. Public evidence does not establish a current standardized restaurant subscription or commission schedule.
Differentiators
- —Pickup-first model designed to avoid high delivery-app fees
- —Pre-order and pre-pay for dine-in as well as pickup
- —Contactless and curbside ordering
- —Cashback/rewards, historically up to 15% or more depending on promotion
- —Hyperlocal restaurant marketplace
- —Allset for Teams employee-meal benefit
- —Large restaurant network and integrations with restaurant-ordering middleware
- —Acquisition added marketplace and restaurant know-how to SoundHound’s voice-commerce strategy
Technology
Scale & contact
Estimated revenue
Approximately $10M-$25M annually; a LinkedIn company-page snapshot estimated $15.6M, but this is a third-party estimate rather than audited disclosure.
Signals & risks
Acquisition
Jun 2024SoundHound AI acquired key assets of Allset. Financial terms were undisclosed; the Allset team joined SoundHound and the standalone Allset company page later became inactive.
SourceLatest news
SoundHound AI · Jan 2026
SoundHound showcased agentic voice commerce that can order food from thousands of U.S. restaurant locations in vehicles, TVs and smart devices, representing the post-acquisition direction into which Allset’s restaurant marketplace capabilities were incorporated.
AIN · Jun 2024
AIN reported the acquisition, Allset’s nearly 7,000 restaurant partners, offices in Kyiv/New York/Los Angeles, undisclosed deal value and the prior 2022 workforce reduction.
SoundHound AI · Jun 2024
SoundHound announced the acquisition of key Allset assets and said Allset’s team, restaurant relationships and marketplace expertise would support a voice-commerce ecosystem.
Restaurant Dive · Jun 2024
Independent coverage of the acquisition, noting the deal’s restaurant-partner base and strategic fit for SoundHound’s voice-ordering roadmap.