Announcing our $7.7M Seed
Today’s a big day for everyone at Nory! We’re delighted to announce that we’ve completed our Seed, a $7.7M round led by Samaipata VC and Triple Point. Existing investors Cavalry VC and Playfair Capital doubled down and continued their support, while Circlerock Capital also participated.
Nory was founded with a mission to revolutionise how hospitality businesses are run around the world.
Hospitality operations is hugely complex to get right. It’s part data science, part logistics management and part theatre orchestration. An incredibly fast-moving and oftentimes, dizzying environment to work in.
Our ambition has always been to create an Operating System (OS) that centralised this disjointed world and empowered operators to be laser-focused and data-centric at every turn.
The last 12 months have stoked the fire massively in us. The market demand and the user impact we have seen gives us huge confidence in achieving our mission.
We continue to see how drastically we can impact our customers’ lives. We have delivered >50% increases in Net Profits, thousands of lbs in food waste savings and thousands of hours in time savings.
This capital injection will be used to support and accelerate our product and company growth. To continue to build out the OS that the industry deserves (and needs). We’ve made great progress so far, but we’ve a long way to go until Nory becomes the status quo.
Finally, I would like to thank the entire team at Nory; who tirelessly tackle mountains and run through challenges all day, every day. Also our new investors for taking the leap and believing in us and of course our customers. They inspire us daily with their grit, determination and innovation.
It’s GO time!