Theatro, a Dallas, TX-based enterprise mobile voice platform, secured $20m in Series C funding.
Sageview Capital made the new investment, which closely follows Theatro’s $15 million Series B-1 earlier this year that included strategic investments by Cisco Investments and Honeywell Ventures. With this investment, Sageview Capital partner Dean Nelson will join the Theatro Board of Directors.
The company intends to use the capital to scale its offerings across retail, hospitality, manufacturing and other markets that have large hourly workforces.
Led by Chris Todd, CEO, Theatro provides a voice-driven virtual assistant that gives frontline employees “heads-up and hands-free” mobile access to their enterprise systems, leadership teams, and each other. The SaaS solution utilizes speech technology, mobile apps and free IoT devices to allow employees to operate efficiently and stay focused on customers, rather than looking at a screen for information.
This round follows significant developments from Theatro throughout 2019. The company has nearly tripled the number of stores deployed since 2018, including a major rollout with Walgreens and its first gaming customer, Coyote Valley Casino.
The company recently added Spanish and French language support to meet the needs of global customers.