The pandemic has accelerated innovation for drive-thru experiences. Before the pandemic, drive-thrus at quick-serve restaurants (QSR0) accounted for 50-75% of a store’s revenue. The pandemic caused that to jump to 90-95%. Technology is now focused on addressing the velocity of traffic and optimizing capacity. omniX Labs is an analytics platform for vehicle traffic for businesses to better understand customer behavior in and around their vehicles. Without the need for additional hardware, the platform takes a location’s existing camera systems and uses the video feeds to analyze vehicular activity using machine learning and AI. omniX can be used for things like upselling, improving conversion, optimizing efficiency, detecting fraud, and forecasting. The company has focused on servicing car washes, with over 1200 locations using omniX, but the technology is versatile enough to be used in other settings like car repair shops and restaurants. AlleyWatch caught up with CEO and Cofounder Anoop Kanthan to learn more about how omniX Labs is focused on making vehicle analytics accessible without hardware, the company’s strategic plans, and latest round of funding from investors that include C2 Ventures, EverWash, and Newark Venture Partners.
Newark Venture Partners
18 new fundings; $465M+ pumped into the NYC startup economy this past week. NYC Tech News for the week ending 7/17 featuring news for Lightyear, Ribbon Home, Vistar Media, and much, much more.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 7/13/2021 featuring funding details for omniX Labs, Recapped.io, and much more.
16 fundings, $520M+ invested in NYC startups, 3 SPAC announcements, 1 IPO, and 1 IPO filing in the past week. NYC Tech News for the week ending 6/26 featuring news for BuzzFeed, Pavilion, Vantage, and much, much more.
The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of the notable funding activity in the various markets that we track. The notable startup funding rounds for the week ending 6/26/21 featuring funding details for Anjuna, Cleerly, Deserve, and twenty-eight other rounds that you need to know about.
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 6/21/2021 featuring funding details for Ride Health and much more.
26 fundings; $715M+ invested in NYC startups in the past week. NYC Tech News for the week ending 4/24 featuring news for HYPR, Per Diem, Percent, and much, much more…
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 4/19/2021 featuring funding details for Level, Optimal Dynamics, and much more.
For the millions of people in the US without health insurance, visiting the doctor for a routine checkup or when feeling under the weather can be a catastrophic expense. Mira allows people without insurance to receive preventative and urgent care at an affordable and accessible price point. The platform operates on a membership model with monthly dues ranging from $25 – $45. Members have access to a network of partner clinics that they can visit with an additional $99 fixed copay that includes the office visit, lab tests, and additional procedures at no extra charge. Mira’s offers 125 clinics, 1600 labs, and 60,000 pharmacies in its provider network. AlleyWatch caught up with CEO and Founder Khang T. Vuong to discuss how his personal experience with the American healthcare system as an immigrant inspired him to launch Mira, the company’s geographic expansion plans to new markets, and the recent round of funding
NYC Tech News for the week ending 10/10 featuring news for Grid AI, Bloom Credit, and much more…
The latest venture capital, seed, pre-seed, and angel deals for NYC startups for 10/9/2020 featuring funding details for Grid AI, Mira, and much more.