Nory Raises USD2M in Funding

nory

Nory, a Dublin, Ireland-based provider of software for restaurants to manage the full-suite of their operations, raised a USD2m pre-seed funding round.

The round was led by Cavalry Ventures and Playfair Capital, with participation from Enterprise Ireland and angel investors from Europe and the US.

The company intends to use the funds to expand adoption of its product to smaller chains as well as individual restaurants.

Founded by CEO Conor Sheridan in June 2020, Nory provides a platform that uses AI and automation to allow restaurants to manage the full-suite of their operations, from staffing and stock management to promotional campaigns.

With his team of eight employees, the company already serves 25 customers.

FinSMEs

12/04/2021