Restaurant technology supplier Marqii has raised $10 million to help it expand.
The funding round was led by Next Coast Ventures with a contribution from Rich Products Ventures, the venture arm of food producer Rich Products. It brings the company’s total funds raised to $20 million.
Marqii’s software helps restaurants manage online reviews, listings and menus with the goal of engaging with customers and saving operators time. In August, it launched an AI tool that generates suggested responses to reviews.
Marqii will use the funding to support the development of new features, including social media management and more action-focused analytics. The company also plans to add to its customer success team, mid-market and enterprise sales teams and engineering teams.
Founded in 2017, the Austin-based company has grown quickly over the past year, increasing its number of restaurant partners by 50%, to 12,000, since last October. Marqii works with both independents and chains, but has been making a push upmarket. A third of its clients have 30 or more locations.
Those clients include P. Terry’s, Authentic Restaurant Brands, &pizza, DIG, Margaritaville, Levain, Cooper’s Hawk, Big Chicken, Birdcall, Insomnia Cookies and Punchbowl Social.
Marqii’s new investors called the company “unique” and praised its use of technology to help restaurants create stronger relationships with customers.
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