Nory Secures $16M Series A Funding for Expansion
Nory, a Dublin, Ireland- and London, UK-based restaurant technology company, recently announced that it has secured $16M in Series A funding. The financing round was led by Accel, a well-known venture capital firm, and included participation from other prominent investors such as Anamcara Capital, Cavalry Ventures, CircleRock Capital, Playfair, Samaipata Ventures, Triple Point, NDRC, and Enterprise Ireland. With this influx of capital, Nory has ambitious plans to ramp up its product development efforts and expand its operations on an international scale.
Under the leadership of CEO Conor Sheridan, Nory is on a mission to revolutionize the way restaurant brands operate and thrive in a competitive market landscape.
By leveraging cutting-edge AI technology, the company's operating system delivers valuable insights and analytics that help businesses make informed decisions related to staffing, inventory management, demand forecasting, and more. Nory's innovative platform empowers restaurateurs to streamline their operations, reduce costs, and ultimately enhance their bottom line.
With a focus on sustainability and profitability, Nory has been making waves in the restaurant industry by providing a comprehensive solution that addresses the complex challenges faced by modern food service businesses. The company's commitment to innovation and customer success has garnered praise from industry experts and investors alike, positioning Nory as a frontrunner in the rapidly evolving restaurant tech sector.
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