Loop AI, an enterprise AI platform built for restaurant and retail back-office teams, has raised $14m in a Series A funding round led by Nyca Partners.
Other backers in the round include Gokul Rajaram, Base10 and Afore Capital.
As part of the transaction, Nyca Partners’ investment partner and former Google executive Osama Bedier will join Loop AI’s board of directors.
Founded in 2022, Loop AI positions its platform as an “agentic co-worker” for restaurant chains. Its AI-powered suite automates complex financial and operational tasks to help operators improve profitability from third-party delivery services.
Loop AI co-founder and CEO Anand Tumuluru said: “Delivery is the new drive-thru, and it is poised to fuel the next decade of growth for the restaurant industry.
“As consumer behaviour continues to shift towards takeout and delivery, our mission to make delivery more profitable for restaurant operators has never been more vital.
“We are incredibly grateful for the support from both new and returning investors in our Series A raise.
“Their backing empowers us to continue equipping restaurants with the essential tools they need to thrive amid shifting consumer preferences and industry dynamics.”
The fresh funding will be used to expand Loop AI’s product suite and support hiring across the company’s offices in New York, San Francisco, Tampa and Bangalore.
Loop AI stated that its business has increased sixfold since 2024 and now serves thousands of restaurant locations. It counts major chains such as Little Caesars, McDonald’s, Whataburger and Lazy Dog as its clients.
The Culinary Edge founder and Starbird CEO Aaron Noveshen said: “Over the past several years, Loop has helped us look at third-party delivery as a profitable growth channel.
“Loop’s technology has deepened our insights into customer behaviour and preferences, helping us refine the way we serve them. We are excited to continue building on this strong partnership.”
“Loop AI secures funding to automate restaurant back office tasks” was originally created and published by Verdict Food Service, a GlobalData owned brand.
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