Foodetective Raises $5.5 Million in Seed Round  

by Kay Aloha Villamor in December 2nd, 2022

Foodetective, a Geneva, Switzerland-based management platform & infrastructure (API) of the merchant's industry, announced that it raised $5.5 million in seed funding.

The round was led by Prediction Capital, with the participation from 4SeeVentures and angels including (Reckitt CIO) Filippo Catalano, Serge Schoen (former Louis Dreyfus CEO), Luigi Matrone, and Eugenio Cassiano.

The funding received will enable the company to further develop its technology and IT team and to start the implementation of machine learning algorithms to provide merchants with intelligent push notifications & actions to reduce inefficiencies and improve their processes.

“By opening our API we provide any software, platform, or marketplace with a fully integrated, automated, and now intelligent infrastructure. Fulfilling our mission to empower restaurants and merchants with a single tool and interface to manage their entire tech stack, operations, and marketing seamlessly.” --Andrea Tassistro, Founder & CEO of Foodetective. 

Company: The Food Detective Ltd.

Raised: $5.5M

Round: Seed Round

Funding Month: November 2022

Lead Investors: Prediction Capital

Additional Investors: 4SeeVentures, Filippo Catalano, Serge Schoen, Luigi Matrone and Eugenio Cassiano

Company Website: https://business.foodetective.co/en/

Software Category: Hotel Management Software

About the Company: Foodetective is a provider of a unified commerce infrastructure for restaurants and merchants. The platform enables merchants to integrate their entire tech stack to manage and automate their entire operations from a single Operating System. Foodetective helps restaurants manage & automate their entire tools, operations, marketing, and suppliers from a single interface. Merchants, from the most ambitious entrepreneurs to the world’s largest enterprises use the Foodetective interface and API to grow their online revenues, simplify their admin and accelerate new business opportunities. Headquartered in Geneva, Paris, and Madrid, the company aims to make merchants’ lives much easier.

Source: https://business.foodetective.co/en/blog-posts/Press%20Release/foodetective-raises-5-5m-to-become-the-online-infrastructure-intelligence-of-the-merchant-industry/a33e4c5e-2f5e-467d-a7ae-78dae75d4228

 



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