Company profile: Novo Labs
1.1 - Company Overview
Company description
- Provider of conversational artificial intelligence and commerce services for large restaurant chains, enabling order taking through high-volume voice channels by turning voice interactions into digital transactions that can be personalized and optimized via an AI platform.
Products and services
- AI Personalization and Optimization Platform: Architects personalized ordering flows by analyzing high-volume voice interactions and optimizing conversion into digital transactions for large restaurant chains, AI-platform-based
- Voice Order Processing Service: Delivers conversational ordering via high-volume voice channels, transforming voice interactions into digital transactions for large restaurant chains using AI, end-to-end
- Conversational Commerce Service: Takes restaurant orders via voice channels, converts voice interactions into digital transactions personalized and optimized through an artificial intelligence platform for large restaurant chains, AI-driven
Key contacts
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Financial details
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1.2 - Competitors and similar companies to Novo Labs
7shifts
HQ: Canada
Website
- Description: Provider of a complete restaurant team management platform offering scheduling (budget compliance tracking, AI auto-scheduling), hiring (job posting, applicant tracking and ranking, tax forms and documentation management), training (new hire training with progress tracking, communication tools, and task management), paying (payroll automation, integrations, tip distribution), and retaining (engagement data, shift feedback, attendance reporting).
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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- Acquisitions: ●●
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Fooda
HQ: United States
Website
- Description: Provider of workplace food programs connecting local restaurants with offices, including daily rotating on-site Popup Restaurants, employer-paid full-service lunch programs, scheduled delivery for high-volume orders, corporate cafeteria-style Food Halls, and catering for meetings and events with drop-off or staffed-and-served options including setup and cleanup.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Eyenalyze
HQ: United States
Website
- Description: Provider of real time management information via web to mobile for independent restaurants and small chains, delivering insights on Net Sales, Plate Cost, Inventory, Labor, and Daily Gross Profit to owners and managers, capturing vital data across the restaurant life cycle to help them succeed in a competitive marketplace.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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SmartLine
HQ: United States
Website
- Description: Provider of a wait list and walk-in guest and reservation management system for restaurants, introducing cutting-edge technology to replace front of house systems, improve operations, increase business flow, and help keep current customers and bring back lost customers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full SmartLine company profile →
Dutch Weed Burger
HQ: The Netherlands
Website
- Description: Provider of an online shop offering a wide range of products including weed burger, weed balls, sea-nuggets, and sea-wharma.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Dutch Weed Burger company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for Novo Labs
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to Novo Labs
2.2 - Growth funds investing in similar companies to Novo Labs
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4 - Top valuation comps for Novo Labs
4.2 - Public trading comparable groups for Novo Labs
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