Startup Malou, an AI-powered restaurant platform, raises $10 million
- Business
- November 20, 2023
Malou, a business that powers restaurant platforms with artificial intelligence, revealed today that it has secured an additional $10 million to boost product capabilities, accelerate growth in France, and expand globally, especially to the United States and the Middle East.
Malou, a business that powers restaurant platforms with artificial intelligence, revealed today that it has secured an additional $10 million to boost product capabilities, accelerate growth in France, and expand globally, especially to the United States and the Middle East.
The software integrates a restaurant’s social network accounts, Google page, listing, and delivery services into a single, easily accessible center. In order to improve the restaurant’s online presence, search engine optimization, visibility, and social media engagement, AI and automation are then utilized to analyze and produce responses to customer reviews, create social media posts, and keep consistent information.
Malou claims its foundation’s complete methodology oversees and works on the whole connection among eateries and their clients, from revelation and transformation to consumer loyalty observing and dedication building. The organization additionally offers customized help intended to adjust to café needs and their transformative phase.
Malou presently has 2,000 cafés on board across 12 nations, including free thinkers, natural pecking orders, top cooks and high-profile eatery gatherings. Prominent among its clients are Bagatelle Gathering and Krispy Kreme Doughnuts Inc.
Financial backers in the round included henQ Inc., Bleu Capital Administration LP, Bertrand Jelensperger, the pioneer behind The Fork, and Jim Texier, previous boss item official at Lightspeed The board Co. LLC.
“Malou’s team has been able to translate their deep understanding of marketing for restaurants into a ‘hyper-verticalized’ solution which optimizes all aspects of a restaurant’s online presence automatically,” said Mick Mackaay, a partner at lead investor henQ. “This leads to more visitors without forcing owners to become marketing experts. The team has further impressed us with their ability to get this solution into the hands of many restaurants, a notoriously hard target group to sell to.”