🧑🍳 These days, the hospitality industry needs efficiency-enhancing tools more than ever. With ongoing challenges like labour shortages and rising food and energy prices, it's a tough environment. Since early 2021, we've seen our belief in Nory's solutions pay off. Today, we're thrilled to welcome even more supporters to Nory's mission. Huge congratulations on the Series A, Conor Sheridan, and the entire team! 🤠 🎉
🥡 Nory's AI works in real-time, acting as an AI-venue manager to help frontline workers run their venues smoothly and profitably. It pulls together all key operational data into one central source. Nory’s technology predicts hourly venue demand with 95% accuracy, using historical data and AI algorithms. These algorithms factor in seasonal trends and hyper-local data on weather and events to help restaurants and cafés with staffing. Plus, it matches these predictions with other workflows like stock management to cut costs and reduce waste.
🌶️ Nory's track record is something to behold: working with Buns From Home, Jamie Oliver Group, and Roasting Plant Coffee across the UK, Europe, and the US, they've shown a nearly 20% cost reduction and a consistent EBITDA increase of an astonishing 50%. In 2023, Nory boosted its own revenue by 400% – thanks to their advanced product and meticulous execution.
Again, congratulations, team Nory! We’re thrilled to be part of this amazing journey – here’s to cooking up even more success together! 🙌
cc: Björn Loose, 🤠 Rouven Dresselhaus, 🤠 Claude Ritter, 🤠 Stefan Walter, Luca Bocchio, Cecilia Wang, Luis Garay, Jamie Tomalin, Annelie Ajami
#hospitality #hospitalityOS #hospitalitymanagement