Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Dyne is a B2B SaaS platform that provides AI-driven revenue and marketing solutions to restaurants. It collects data from various sources, including customer satisfaction, foot-traffic, and point of sale integrations, to build a comprehensive "Dine-In" dataset. This dataset is then used to automate marketing, provide insights, and drive revenue for restaurants. Dyne's product is unique as it offers a combination of AI-driven analytics and a community app that connects people over food. The app provides continuous user sentiment analysis, coupon and event-loyalty programs, AI market/pricing recommendations, and a competitive coupon marketplace.
Dyne's target customers are restaurants of all sizes, from mom and pop shops to large enterprises. To date, Dyne has over 700 clients in 6 cities and a community app with 20,000+ users. The company has already generated $10 million in additional revenue for its customers and has sustained a 20% MoM growth.
Now focusing on expanding to new cities and new verticals, Dyne is currently backed by investors and partners like Microsoft, NRC-IRAP, and Launch House and has committed $1.4M of its $1.5 million seed round with a further $4.6M in interested cheques to further scale its business.
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