ClearCOGS Secures $3.8M in Oversubscribed Seed Round to Transform Restaurant Operations and Tackle Food Waste
Summary
The investment was led by , with additional participation from , and , a venture arm of Hearst Corporation.ClearCOGS provides restaurant operators with precise daily forecasts to optimize food preparation, ordering, and staffing decisions. ClearCOGS is driving meaningful change by helping restaurants operate more efficiently and reduce food waste - a win for both profitability and sustainability" said Shashi Srikantan, Managing Director of Level Up Ventures. "The $3.8 million Seed round funding will accelerate ClearCOGs product development and customer acquisition efforts, positioning the company to rapidly expand its presence in the food service sector. By coupling financial investment with a deep bench of in-house support, Level Up Ventures positions teams for success by exposing them to diverse thought, capabilities, and expertise. Investing in visionary AI, clean technology, and B2B software leaders, Myriad brings decades of expertise and a robust corporate and financial partnership network.