PreciTaste Raises $24M in Series A Funding

precitaste

PreciTaste, a NYC-based provider of an in-store food software platform, raised $24m in Series A funding.

The round was led by existing investor Melitas Ventures and Cleveland Avenue, with participation from Enlightened Hospitality Investments (EHI), and Monogram Capital Partners.

Led by Co-Founder and CEO, Dr. Ingo Stork, PreciTaste provides an offline-first, in-store food software platform for digital food AI management. Its proprietary Vision AI technology is protected by 40+ patents, which optimizes operations, leading to labor efficiency, sales growth, and sustainability. It works on Edge Devices, is Cloud and Internet-independent, and data privacy compliant.

PreciTaste adapts to each operation by observing crews, then generates AI agents through data to assist them live onsite. Flexible software applications enable use cases like demand-based cooking and ingredient preparation, real-time task management, or order accuracy.

FinSMEs

09/08/2022