Incentivio, a Boston, MA-based provider of an intelligent guest engagement platform for restaurants, raised $10M in Series A funding.
The round was led by Osage Venture Partners with participation from Ardent Venture Capital and Grotech Ventures.
The company intends to use the funds to invest in go-to-market initiatives to accelerate its growth and to invest in product, engineering, and innovation.
Founded in 2016 by Rajat Bhakhri (CEO) and Sash Dias (COO), Incentivio specializes in leveraging AI and Machine Learning to drive revenue and guest engagement for restaurants. Today, the company helps restaurants consolidate their digital tech stack, gain a 360-degree picture of their guests, and leverage their guest data to gain real-time insights and enhance the digital guest experience. The next phase of its growth is to continue to innovate using AI & Machine Learning to help restaurants reduce manual intervention, cut costs, and increase revenue based on their own data. It combines online ordering and white-label restaurant apps with loyalty, gift cards, machine learning upsells, CDP analytics, a data-driven marketing suite, and guest journey management to give restaurants a system to build relationships with their guests and drive digital revenue.
FinSMEs
17/05/2023