Rivalry Tech, a Houston, TX-based SaaS startup that has developed mobile ordering platforms that modernize fulfillment operations for high-volume venues, raised $3.5 million in funding.
The round was led by Sightcast Capital, a Houston-based venture capital group, with participation from Softeq Venture Studio and a host of other investors, such as Rice University's Valhalla Investment Group.
Co-founder and CEO Aaron Knape says much of the funding will be put toward building out Rivalry Tech's myEATz platform expansion into healthcare, leisure, and business dining. With the focus on improving the customer experience and bringing Rivalry Tech's technology to 24/7/365 facilities through myEATz, funds will be used to increase personnel and support at Rivalry Tech.
Some of the funds will be used to continue supporting Rivalry Tech's sports and entertainment platform, sEATz.
Company: Rivalry Technologies, LLC.
Funding Month: November 2022
Lead Investors: Sightcast Capital
Additional Investors: Softeq Venture Studio and Rice University's Valhalla Investment Group
Company Website: https://www.rivalrytech.com/
Software Category: SaaS Mobile Ordering Platform
About the Company: Rivalry Tech is a SaaS mobile ordering platform developed for sports and entertainment venues. Its flagship platforms are sEATz and myEATz. sEATz is designed for sports and entertainment venues and has been a proven partner at stadiums and venues across the USA. Rivalry Tech expanded the proven mobile ordering technology and best practices to develop myEATz. The myEATz mobile ordering platform supports daily operations at healthcare, business dining, and leisure facilities. myEATz and sEATz offer mobile ordering, express pickup, and hardware options tailored to enterprise clients' needs throughout the US.