Have you heard about Nory? It’s the game-changing Irish start-up founded by Conor Sheridan in 2020. This innovative company made headlines last week by securing a massive $16 million in Series A funding, bringing its total raised capital to an impressive $25 million.
What is Nory?
Its state-of-the-art AI-powered operating system for restaurants and cafes is taking the hospitality industry by storm. Last year, its revenue surged by a jaw-dropping 400%!
What sets Nory apart is its centralized AI platform, which predicts hourly venue demand with a mind-blowing 95% accuracy. This allows restaurants to optimize staffing and cut costs, giving them a significant edge in an industry with razor-thin profit margins. It’s like having a crystal ball for your business operations!
Big names like the Jamie Oliver Group and Roasting Plant Coffee have been raving about Nory’s solutions. They have reported nearly 20% cost reductions and over 50% EBITDA increases.
Conor Sheridan’s frustration with outdated software led to the birth of Nory. This fueled his vision to create a platform that consolidates data and provides actionable insights.
We’re developing the next-generation OS for restaurants, offering enhanced insights and data to significantly improve operations in the face of rising labour, food, and energy costs.
Conor Sheridan, Founder & CEO of Nory
What’s next?
With this recent funding, Nory is gearing up for product development and expansion into Europe and the US, ready to equip restaurants with the tools they need to tackle today’s challenges.
Nory’s mission is to create a world where restaurants run seamlessly and staff and customers are happy. Their cutting-edge approach doesn’t just put them at the forefront of the future of hospitality – it makes them the new leaders in the industry.