Loop AI, an enterprise AI platform targeted on back-office operations of eating places and retail companies, has raised $14 million in a Collection A funding spherical led by Nyca Companions.
The spherical additionally noticed participation from Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Knowledge Tech Fund, John Pepper, 9Yards Capital and Operators Studio. Osama Bedier, funding associate at Nyca Companions and a former government at Google and GoDaddy, will be a part of Loop AI’s board as a part of the funding.
The corporate plans to make use of the contemporary capital to increase its product choices and improve headcount throughout its places of work in New York, San Francisco, Tampa, and Bengaluru. Loop AI says since 2024 it has grown 6X to assist 1000’s of eating places.
Loop AI’s platform is designed to assist restaurant operators handle supply as a scalable income channel whereas sustaining margins akin to in-store eating, utilizing automated and agent-driven workflows throughout operations.
“Loop sits on the intersection of a number of transformative developments within the restaurant business, together with the rise of AI, a rising deal with buyer expertise and the drive for better operational effectivity. These can be important pillars shaping the way forward for eating,” stated Bedier.
The restaurant business is more and more formed by off-premise consumption. As of 2025, the US meals supply market was estimated at $140 billion, with supply accounting for round 10% of the market. Trade projections counsel supply may develop to a $1 trillion market with a 30% share by 2035.
“Supply is the brand new drive-thru, and it’s poised to gas the following decade of progress for the restaurant business. As client behaviour continues to shift in direction of takeout and supply, our mission to make supply extra worthwhile for restaurant operators has by no means been extra important,” stated Anand Tumuluru, Co-founder and CEO of Loop AI.
“We’re extremely grateful for the assist from each new and returning buyers in our Collection A elevate. Their backing empowers us to proceed equipping eating places with the important instruments they should thrive amid shifting client preferences and business dynamics.”
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“Loop AI has turn out to be a vital expertise driving the explosive progress of our supply phase,” stated Robert Linder, CFO of California-based informal eating chain Lazy Canine. “By harnessing its highly effective capabilities, we’re in a position to meet prospects the place they’re and scale our supply technique with better effectivity and precision.”
“Over the previous a number of years, Loop has helped us have a look at third-party supply as a worthwhile progress channel,” stated Aaron Noveshen, Founding father of The Culinary Edge and CEO of fast-casual model Starbird. “Loop’s expertise has deepened our insights into buyer behaviour and preferences, serving to us refine the best way we serve them.”
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