ConverseNow Adds $10 Million in Funding to Advance Voice Ordering
ConverseNow, a provider of voice artificial intelligence technology platforms for restaurants, has closed a $10 million fundraising in partnership with Enlightened Hospitality Investments (EHI), bringing ConverseNow's total funding to $28.8 million since its founding in 2018.
With ConverseNow's voice AI technology, virtual assistants automate the order-taking process.
ConverseNow's technology is currently live in more than 1,200 Domino's Pizza, Fazoli's, and Blake's Lotaburger locations across 40 states. The new funding will be used to expand to more restaurant chains and locations.
"Just about every restaurant chain is looking at voice AI, and naturally coming to us as the category market leader. Demand is very strong, and one of our biggest challenges has been ramping up our AI to keep up with this demand, so an additional round was necessary to accommodate this customer growth without needing to raise a full Series B," said Vinay Shukla, co-founder and CEO of ConverseNow, in a statement.