
ConverseNow automates and personalizes restaurants orders on the high volume voice channel1-10 Employees
- B2B
- Growth StageExpanding market presence
ConverseNow careers
The restaurant tech space is ripe for AI driven personalization. McDonalds’ acquired dynamic yield for $300MM in Apr’19. Leading QSRs like Chipotle, Taco Bell, Sonic, Dominos are piloting voice AI + Personalization.
ConverseNow automates and personalizes restaurants orders on the high volume voice channels such as phone calls, drive-thru stations, self-service kiosks and voice assisted chat on mobile. The total restaurant sales accounted for $825BN (and growing) in US in 2018. QSR Drive-thru is growing market (17.1 billion+ trips in 2018); 60-70% of QSR (quick service restaurants) sales come from this channel and is projected to grow YoY. 46% of total restaurant orders still come on phone channel.
Using AI driven menu recommendation engine and customer food identity (CFI) at the core, it personalizes ordering experience and drives up-sell for restaurant operators using “amazon-like” dynamic suggestive selling on this channel.
ConverseNow automates and personalizes restaurants orders on the high volume voice channels such as phone calls, drive-thru stations, self-service kiosks and voice assisted chat on mobile. The total restaurant sales accounted for $825BN (and growing) in US in 2018. QSR Drive-thru is growing market (17.1 billion+ trips in 2018); 60-70% of QSR (quick service restaurants) sales come from this channel and is projected to grow YoY. 46% of total restaurant orders still come on phone channel.
Using AI driven menu recommendation engine and customer food identity (CFI) at the core, it personalizes ordering experience and drives up-sell for restaurant operators using “amazon-like” dynamic suggestive selling on this channel.
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Vinay Shukla
Previous venture, Endeavour Software, a specialist digital transformation company around Mobile/Analytics/AI was acquired by Genpact (NYSE:G) in 2016.
Rahul Aggarwal
Founder ConverseNow Technologies, @Endeavour Software Technologies • Worked at @GENPACT (Formerly GE Capital International Services)
Valuation
$125.5M
Funded over
1 round
Latest round
Series A (Aug 2022)
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