BOSTON, MA: Incentivio, a Boston-based provider of an intelligent guest engagement platform for restaurants, today announced that it has closed a $10 million Series A funding round. The round was led by Osage Venture Partners with participation from Ardent Venture Capital and Grotech Ventures.
Incentivio’s platform uses AI and machine learning to help 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 company’s platform 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.
“The pandemic accelerated restaurants’ need to evolve with the times and adopt more of a digital presence,” said Rajat Bhakhri, CEO and co-founder of Incentivio. “Our platform helps restaurants do just that by providing them with a comprehensive solution that helps them engage with their guests, drive revenue, and improve their bottom line.”
“We are excited to partner with Incentivio as they continue to grow and scale their business,” said Sean Dowling, Managing Partner at Osage Venture Partners. “The company’s platform has the potential to revolutionize the way restaurants interact with their guests, and we believe that Incentivio is well-positioned to lead this market.”
Incentivio’s platform is currently used by over 1,000 restaurants across the United States and Canada. The company plans to use the funding from this round to accelerate its growth and expand its reach to more restaurants around the world.
“We are grateful for the support of our investors,” said Sash Dias, COO and co-founder of Incentivio. “This funding will allow us to continue to innovate and develop new features that help restaurants better engage with their guests and drive revenue.”
Incentivio is a Boston-based provider of an intelligent guest engagement platform for restaurants. The company’s platform uses AI and machine learning to help 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. Incentivio’s platform is currently used by over 1,000 restaurants across the United States and Canada.
Osage Venture Partners is a Boston-based venture capital firm that invests in early-stage technology companies. The firm seeks to partner with founders who are building innovative companies that have the potential to disrupt their industries. Osage Venture Partners has a long history of success, having invested in over 100 companies that have gone on to achieve significant growth.
Ardent Venture Capital is a venture capital firm that invests in early-stage technology companies. The firm seeks to partner with founders who are building innovative companies that have the potential to change the world. Ardent Venture Capital has a long history of success, having invested in over 100 companies that have gone on to achieve significant growth.
Grotech Ventures is a venture capital firm that invests in early-stage technology companies. The firm seeks to partner with founders who are building innovative companies that have the potential to change the way we live and work. Grotech Ventures has a long history of success, having invested in over 100 companies that have gone on to achieve significant growth.
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