AI platform ClearCOGS has secured $3.8 million in an oversubscribed seed round led by Closed Loop Partners, with participation from Myriad Venture Partners and Hearst’s Level Up Ventures.
With this fund, ClearCOGS plans to accelerate product development and expand its reach across the food service sector, supporting its mission to bring efficiency and sustainability to restaurant operations.
Also read – Elm AI Secures $2 Mn in Funding
“At ClearCOGS, we believe restaurant operators shouldn’t have to navigate uncertainty alone,” said Matt Wampler, CEO of ClearCOGS. “This funding empowers us to extend our reach and deliver the practical, reliable forecasting tools that restaurant operators need to consistently achieve better operational outcomes.”
ClearCOGS acts as a translator between complex machine learning and the needs of restaurant managers, providing real-time answers to the everyday questions faced by restaurants.
Also read – Blue Water Autonomy Secures $14M in Seed Funding
“Food waste prevention is essential to building a sustainable and profitable restaurant industry,” said Danielle Joseph, Managing Director and Head of the Closed Loop Ventures Group at Closed Loop Partners. “ClearCOGS offers an impactful solution that aligns perfectly with our mission to build a circular economy. By providing clarity and precision to restaurant operators, ClearCOGS is helping to reduce food waste while simultaneously driving stronger business outcomes.”
About ClearCOGS
With a shared recognition of the long-unaddressed needs of restaurant operators, Matt and Osa co-founded ClearCOGS. Both Matt and Osa have a deep understanding of the unique challenges and pressures faced by restaurants and are dedicated to using their knowledge and expertise to support and empower individuals in the industry.
Also read – ConductorAI Raises $15 Nn Series A Funding led by Lux Capital
