Financials

Estimates*

Get premium to view all results
Edit
Revenues, earnings & profits over time
USD20222023
Revenues00000000
% growth-90 %
EBITDA00000000
Profit00000000
EV / revenue00.0x00.0x
EV / EBITDA00.0x00.0x
R&D budget00000000
  • Edit
DateInvestorsAmountRound
-

N/A

-
Total Funding000k

Recent News about VOICEplug

Edit
More about VOICEpluginfo icon
Edit

VOICEplug AI is a startup that provides artificial intelligence (AI) solutions to the restaurant industry. The company's primary offering is a voice AI solution that integrates with existing ordering systems across various platforms such as web, mobile, phone, drive-thru, and kiosk. This technology allows customers to place orders using natural language voice conversations, thereby enhancing the ordering experience and reducing the need for human labor.

The company's solution addresses several pain points in the restaurant industry, including the high cost and availability of skilled labor, and the dependency on third-party platforms. By reducing labor requirements and costs, VOICEplug AI's solution makes it easier for restaurants to scale their operations. It also reduces or eliminates dependency on third-party platforms, which can often take a significant cut of the restaurant's profits.

VOICEplug AI's business model is likely based on a software-as-a-service (SaaS) model, where restaurants pay a subscription fee to use the voice AI solution. The company claims that its solution can lead to a reduction in customer abandonment rate and lost orders by up to 90%, a reduction in per order costs by 50-75%, an increase in average check size per order by 20-35%, and a 15-20% increase in repeat orders within a month.

The company operates in the restaurant technology market, serving clients that range from small independent restaurants to large chains. Given the increasing labor costs and the growing demand for convenient and contactless ordering options, the market potential for VOICEplug AI's solution is significant.

Keywords: Artificial Intelligence, Voice Recognition, Natural Language Processing, Restaurant Technology, Labor Cost Reduction, Order Efficiency, Customer Experience, SaaS, Scalability, Third-Party Dependency.