JUICER, a provider of restaurant revenue management and pricing solutions based in San Francisco, CA, has closed $5.3 million in seed funding.
Investors
The round was led by York IE, with participation from Augment Ventures and Mudita Venture Partners.
Operators and investors such as Athletic Greens President Kat Cole, Kayak co-founder Paul English, 16 Handles founder Solomon Choi, former Postmates GM Andreas Lieber, ex-Two Roads Hospitality CEO Jamie Sabatier, Andy Phorzheimer, Kitchen Fund, and Branded Strategic are also supporting JUICER.
York IE is a vertically integrated growth and investment firm for technology companies, investing in B2B SaaS startups. The firm was founded in 2019 and is based in Manchester, New Hampshire.
JUICER Use of Funds
The company will use the investment to accelerate its platform development, grow its team, and assist more restaurants in leveraging revenue management and pricing science, ensuring both operator comfort and consumer benefits.
About JUICER
Founded by Drew Patterson and Ashwin Kamlani, JUICER provides restaurant revenue management and competitive intelligence solutions. The company offers solutions including dynamic pricing on third-party delivery channels and advanced competitive intelligence to optimize profits, strengthen market position, and protect guest satisfaction. By leveraging AI and machine learning, JUICER enables restaurants to optimize prices while ensuring clear, predictable pricing for customers.
Funding Details
Company: JUICER, Inc.
Raised: $5.3M
Round: Seed Round
Funding Month: April 2024
Lead Investors: York IE
Additional Investors: Augment Ventures, Mudita Venture Partners, Kat Cole, Paul English, Solomon Choi, Andreas Lieber, Jamie Sabatier, Andy Phorzheimer, Kitchen Fund, Branded Strategic
Company Website: https://juicerpricing.com/
Software Category: Restaurant Revenue Management and Pricing Solutions
Source: https://juicerpricing.com/juicer-blog/juicer-lands-5.3m-to-revolutionize-restaurant-revenue-management