Harmonyze Secures $2 Million in Pre-Seed Round
Harmonyze, a Brooklyn, New York-based startup focused on leveraging AI to streamline franchisor operations, has secured $2 million in pre-seed funding.
Harmonyze, a Brooklyn, New York-based startup focused on leveraging AI to streamline franchisor operations, has secured $2 million in pre-seed funding.
Investors
The round was led by Bowery Capital, with participation from Focal.VC and numerous individuals from the franchise industry.
Bowery Capital is a venture capital firm based in New York, New York, focused exclusively on founders looking to modernize businesses through technology. Founded in 2013, the firm seeks to invest in companies operating in the B2B SaaS and marketplace sectors.
Harmonyze Use of Funds
The company will use the funds to hire talent to enhance and expand its AI-driven solutions for franchisors.
About Harmonyze
Founded in 2023, Harmonyze offers custom AI agents that operate in a private cloud database, acting as intermediaries between franchisors and franchisees. These AI agents help franchisors manage vendor payments and insurance renewals, aiming to improve compliance and reduce administrative workload. Harmonyze centralizes and automates operational compliance, monitoring, and reporting, and facilitates rapid two-way experimentation across scaled franchise networks.
Funding Details
Company: Harmonyze Technologies Inc.
Raised: $2.0M
Round: Pre-Seed Round
Funding Date: August 2024
Lead Investor: Bowery Capital
Additional Investors: Focal.VC
Company Website: https://www.harmonyze.com/
Software Category: AI Agents for Franchise Operations
