Hi Auto (Hi Auto), which has developed AI-based pioneering sound technology for the fast food industry (QSR-Quick Service Restaurant), announced the completion of a $ 15 million capital raising round, when the round led Delek Motors, the Zisapel family, the Vaskiki Family Family Strategic from the restaurant industry. Following the round, the total capital raised by High Otto came from its inception to $ 23 million.
The company says that Hi Otto’s cloud service platform is applied to automation the ordering process at Drive Through restaurants and provides a 96% accuracy of orders and rates of over 90% in completing the orders without an employee intervention in the restaurant. Drive Through restaurants make every effort to maintain speed, accuracy and profitability in these restaurants. ”
“70% of the income of fast food restaurants in the United States where Drive Through comes from Drive Through. Add in the company.
Roy at Rabbi, founder of a partner and CEO of Hi Auto, said: “Installing employee employment costs, and the quick alternative continues to make it difficult to operate the restaurants, create bottle gossip and impair the quality of the service. Our AI -based orders, operates nonstop at the level of a skilled worker – one that is never absent from work due to illness, provides a close level of accuracy and always offers upgrades and additions to customers. Capital mobilization will allow us to expand our grip on the market and improve the product at a time when we sign agreements with leading brands in the fast food market. ”
Among the list of clients of Hi Otto is leading brands such as: Bojangles, Checkers & Rally’s, Lee’s Famous Recipe Chicken, Popeyes UK and Burger King in New Zealand. In addition, Hi Otto is experimenting with a number of fast fast food chains to strengthen its grip on the market.
Dynamic ability to offer upgrades and additions that increase revenue
“One of the extraordinary features of high -auto technology is a dynamic ability to upgrade reservations,” the company says, adding that “the system’s algorithms recommend in real time to the client on toppings and premium products while based on components such as: inventory, the time a day from the day and the weather. And made the AI system not only a means of savings but also prevent income. ”
On this, the company’s CEO said: “The system determines what products to promote and when, whether it is a lunch at a bustling urban restaurant in people or whether it is a night dinner in a quiet suburb. We see an increase in income from customers who affect the bottom line of fast food restaurants. Previous attempts to develop AI -based orders in a broad deployment in the world of restaurants were unsuccessful. Our focus on real conditions in the field such as complex menus, an interface between the employee and AI and a customer experience allowed us to solve problems that alternative solutions have not been able to deal with. Our goal is to become a default solution in the talk system for fast food restaurants around the world. ”