ClearCOGS

ClearCOGS

AI-powered forecasting platform for restaurants that reduces food waste and labour inefficiency through daily demand predictions.

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$3.8m

Seed
Total Funding000k
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ClearCOGS is a startup focused on enhancing operational efficiency for modern restaurants. The company integrates seamlessly with existing restaurant systems to provide proactive solutions that streamline daily operations. ClearCOGS offers hyper-personalized recommendations for staffing, food preparation, and inventory orders, ensuring that restaurant teams can make informed decisions without guesswork.

The company primarily serves restaurant operators who are looking to optimize their operations and increase profitability. ClearCOGS operates in the restaurant technology market, a sector that is rapidly evolving with the advent of artificial intelligence (AI) and predictive analytics. By leveraging these advanced technologies, ClearCOGS helps restaurants make data-driven decisions that can significantly improve their bottom line.

ClearCOGS' business model is based on providing software-as-a-service (SaaS). This means that restaurants subscribe to their platform and pay a recurring fee to access its features and benefits. The company makes money through these subscription fees, which are justified by the cost savings and efficiency gains that restaurants experience by using the platform.

The startup was founded by Matt Wampler, who has a deep background in the restaurant industry, having turned around a failing Jimmy Johns franchise and opened multiple units before exiting the business in 2018. Co-founder Osa, who has extensive experience in the startup world and venture capital, complements Matt's expertise. Together, they are committed to closing the gap between current restaurant technologies and the needs of modern operators.

ClearCOGS has already demonstrated its value by increasing the bottom line for clients like Goop Kitchen by over 2%, showcasing the tangible benefits of their solution.

Keywords: restaurant efficiency, AI-driven, predictive analytics, operational optimization, SaaS, data-driven decisions, inventory management, staffing solutions, food preparation, cost savings.

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