Malou, a Paris, France-based digital marketing solution tailored exclusively for the restaurant sector, has raised more than $10 million in funding.
SaaS Investors
The round was led by investors including SaaS B2B experts henQ, Bleu Capital, Bertrand Jelensperger (founder of The Fork), and Jim Texier (former CPO of Lightspeed), as well as several restaurant clients.
henQ is a venture capital firm investing from pre-seed to series A in B2B software startups from Europe. Founded in 2004 and headquartered in Amsterdam, Netherlands.
Founded in 2015, Bleu Capital is a venture capital investment firm based in New York, New York. The firm invests in early-stage companies operating in the artificial intelligence, marketplace, and software sectors based in the US and Europe.
Malou Use of Funds
The company plans to use the funding to accelerate growth in France, enhance product functionality, and expand internationally in France, Europe, the Middle East, and the U.S.
About Malou
Malou is an AI-powered platform online tool designed to enhance the digital presence of restaurants. It offers a range of features to help restaurants improve their online reputation, visibility, and customer engagement. Since its launch in January 2021, Malou has provided digital marketing solutions that integrate a restaurant's Google page, social media profiles, and listing and delivery platforms into a centralized hub. The platform uses AI and automation to analyze and generate responses to customer reviews, create social media posts, and maintain consistent information to enhance online presence, SEO, visibility, and social media engagement for restaurants. Among their well-known clients are Jean-George Group's Tin Building marketplace in New York City, Bagatelle Group, and Krispy Kreme.
Funding Details
Company: Malou
Raised: $10.0M+
Round: Seed Round
Funding Month: November 2023
Lead Investors: henQ, Bleu Capital, Bertrand Jelensperger, and Jim Texier
Additional Investors:
Company Website: https://malou.io/
Software Category: Restaurant Marketing Solutions
Source: https://www.prnewswire.com/news-releases/malou-the-ai-powered-platform-that-ensures-restaurants-get--and-stay--fully-booked-secures-more-than-10m-in-funding-to-expand-to-the-us-301992627.html