
CLUVI
Changing the experience of consumption at the tables of the restaurants.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | €0.0 | round | |
investor investor investor | €0.0 | round | |
N/A | Seed | ||
Total Funding | 000k |
USD | 2022 | 2023 |
---|---|---|
Revenues | 0000 | 0000 |
% growth | - | 179 % |
EBITDA | 0000 | 0000 |
Profit | 0000 | 0000 |
EV | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x |
R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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CLUVI operates as a Software-as-a-Service (SaaS) company, providing a suite of digital solutions for the restaurant industry in Latin America and the United States. Founded in 2020 by a team of five Colombian entrepreneurs including Fabian Carrillo Suarez and Mario Andrés Barajas, the company emerged in response to the rapid digitalization needs of the restaurant sector spurred by the COVID-19 pandemic. The founding team pivoted from a previous venture, an event booking platform called Eventsite, applying their collective experience to address the new challenges faced by restaurants. Carrillo's entrepreneurial journey began at a young age, driven by a desire to build impactful things. Prior to CLUVI, the founders had already worked together for over seven years.
The company's core business revolves around helping restaurants digitize their operations to enhance efficiency, reduce costs, and increase sales. It serves a diverse clientele, from local restaurants to stadiums and cinemas, across several countries, including Colombia, Mexico, Panama, Peru, El Salvador, and Brazil. Revenue is generated through its SaaS model. CLUVI secured a significant milestone with a $2.5 million seed round on June 8, 2022, with investors including Somi Capital, FEMSA Ventures, and Redwood Kapital. This funding was intended to fuel the development of its payment solution, CluviPay.
CLUVI offers an ecosystem of digital tools that includes customizable digital menus accessible via QR codes, online reservation systems, and integrated payment solutions. A key feature is its use of artificial intelligence and data analytics to provide restaurants with actionable insights. The platform analyzes consumer behavior, popular dishes, and peak hours, enabling restaurants to optimize their menus and marketing efforts. For instance, the AI can suggest menu engineering strategies, such as price adjustments or product pairings, to boost profitability and has been shown to increase sales by up to 30%. The system also supports direct delivery management, helping restaurants bypass the high commission fees of third-party delivery apps. By collecting granular data, CLUVI not only benefits the restaurants but also provides valuable behavioral analytics for Consumer Packaged Goods (CPG) companies.
Keywords: restaurant technology, SaaS, digital menus, online ordering, reservation system, payment solutions, data analytics, menu engineering, food tech, Latin America, restaurant operations, customer loyalty, delivery management, QR code menu, hospitality tech, point of sale, business intelligence, CPG data, CluviPay, Fabian Carrillo