
JUICER
Real-time Revenue Management for Restaurants.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor investor investor investor | €0.0 | round |
N/A | €0.0 | round | |
* | $5.3m | Seed | |
Total Funding | 000k |
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Juicer is a technology company specializing in dynamic pricing solutions for the restaurant industry. Leveraging machine learning, Juicer integrates seamlessly with existing restaurant systems to test price elasticity and implement micro price adjustments on specific menu items. This approach ensures the right price for the right customer at the right time, preserving demand patterns and customer loyalty.
The company primarily serves restaurants that are grappling with rising labor and food costs, as well as operational complexities due to new distribution channels. Juicer operates in the food service technology market, providing a SaaS (Software as a Service) model that charges restaurants a subscription fee for its dynamic pricing platform.
Juicer makes money through these subscription fees, which are justified by the increased revenue and optimized pricing strategies that restaurants achieve using the platform. The company's technology is particularly relevant in the post-pandemic landscape, where consumer behavior has shifted towards valuing convenience and being more accepting of fluctuating prices for delivery services.
Keywords: dynamic pricing, machine learning, restaurant technology, price elasticity, menu optimization, SaaS, operational efficiency, consumer demand, revenue maximization, food service.