Squadle, Inc., a Cambridge, MA-based next generation AI operations platform that is enhancing multi-unit restaurant operations, secured $3M in funding.
The round was led by a private family fund with participation from Companyon Ventures and Walnut Ventures.
The company intends to use the funds to grow their team and augment their products with machine vision capabilities.
Led by Le Zhang, co-founder and CEO, Squadle provides Squadle Genius, an AI/Machine Vision add-on to checklists that uses in-store camera feeds to detect store quality and consistency issues, such as empty display cases, marketing material placement, leftover food on tables, or overflowing trash cans.
The system has been in use over the last year by customers participating in a closed beta. The company provides solutions to their restaurant partners, with nationwide deployments with multi-unit franchisees of McDonald’s, Dunkin’ Brands, and other Fortune 500 chains.
Founded by MIT, Boston College and Johns Hopkins alumni, the company has offices in Boston, Chicago, San Francisco, and Washington DC.
FinSMEs
25/07/2018