AI Food Waste Fighter ClearCOGS Raises $3.8M

ClearCOGS Secures $3.8 Million to Help Restaurants Cut Waste and Optimize Operations with AI Forecasting Engine

Chicago-based restaurant technology startup ClearCOGS has announced the successful close of a $3.8 million seed funding round. The company, founded in 2021 by Matt Wampler, a former Jimmy John’s franchisee, and Osa Osarenkhoe, a computer engineer and entrepreneur, has developed an AI-powered forecasting engine designed to help restaurants make smarter, faster decisions around labor scheduling and inventory management. The funding round was led b…

AI Food Waste Fighter ClearCOGS Raises $3.8M

In a significant move to revolutionize the restaurant industry, ClearCOGS, a pioneer in AI-powered predictive analytics, has secured $3.8 million in seed funding. The round, led by Closed Loop Partners’ Venture Group, saw participation from Myriad Venture Partners and Level Up Ventures, the venture arm of Hearst Corporation. This infusion of capital is set to accelerate the adoption of AI… Source