SAVI SECURES $5 MILLION IN SERIES A FUNDING | News Direct

SAVI SECURES $5 MILLION IN SERIES A FUNDING Fortune 100 Company Investment Will Accelerate Growth and Expansion Initiatives

News release by Savi Solution Inc.

facebook icon linkedin icon twitter icon pinterest icon email icon Salt Lake City, Utah | August 18, 2020 07:00 AM Eastern Daylight Time

Savi Solution Inc. (“Savi”), an industry-leading, SaaS provider for operators in the Quick Service Restaurant (QSR), C-Store, and Retail industries today announced $5 million in Series A funding. The round was led by an industry-leading strategic partner that will include a future commercial partnership.



This new round of funding will allow Savi to accelerate growth of its marketing and sales objectives and continue to build out software solutions for its expanding customer base.



“Our solution answers questions that have eluded operators in these spaces for years,” said Brock Weeks, CEO of Savi. “With this new investment, we will increase our investment in product development, client success, and distribution channels to continue building an affordable platform that allows multi-site operators the ability to gain new insights and increase operational efficiencies.”



Savi has built its business by helping operators leverage it’s cloud-based platform that brings together POS data, labor data, video, customer behavior, and experience trends leading to data-driven decisions, loss prevention, and overall operational efficiency. Savi’s platform is being utilized by corporate and franchise operators of brands like Five Guys, Little Caesars, Burger King, Scooter’s Coffee, Invicta Watches, Shell Oil, and many more.



About Savi

Savi is driven to help business owners gain new insights into their locations without pain and frustration. By leveraging Savi’s cloud-based platform operators and managers are empowered to not only understand the results they are achieving through real-time data visualizations and reporting, but the behavior causing those results through video and audio of in-store transactions and events. Enabling them to replicate profit driving behaviors and eliminate those leading to loss, while gaining new insights into the customer experience. 



Contact Details

Cameron Jensen

+1 844-554-7284

cameron@getsavi.com

Company Website

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SaviSavi SolutionsFundingUtahQSRQuick Service RestaurantC-StoreConvenient StoreRetailQuick Service Restaurants