Total amount raised
$60 Millions
Latest funding date
07/01/2022
Location
Tarro has successfully raised $60 million in a Series Unknown funding round, with investments from Cohesive Capital Partners and Integrity Growth Partners. The platform offers AI-powered phone ordering, delivery services, and marketing solutions designed to help restaurants increase revenue and reduce costs.
Keep reading to explore the intricacies of Tarro's fundraising journey and the investors backing this innovative platform.
What Is Tarro?
Founded in 2015, Tarro is based in San Francisco, California. The company was established by Dennis Y. Lin and Steve Y. Lin.
Tarro specializes in providing AI-powered solutions to automate voice ordering, delivery, and marketing for restaurants. Their services aim to enhance customer engagement and operational efficiency.
With a workforce of 501-1000 employees, Tarro continues to empower family-owned restaurants by relieving them of operational burdens through a multi-product ecosystem.
How Much Funding Has Tarro Raised?
- Funding Round: Venture Round
- Amount Raised: $60,000,000
- Date: July 1, 2022
- Lead Investors: Integrity Growth Partners
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Generally aimed at scaling operations, expanding product offerings, and entering new markets.
Total Amount Raised: $60,000,000. Current Valuation: Not publicly disclosed.
Key Investors
The information requested about the major investors in Tarro and their details, investment focus areas, and notable investments was not found in the provided sources. Below is the available information based on the sources:
- Integrity Growth Partners
- Details: Integrity Growth Partners is one of the investors in Tarro. They participated in the venture round on July 1, 2022.
- Investment Focus Areas: Not explicitly mentioned.
- Notable Investments: Tarro.
- Cohesive Capital Partners
- Details: Cohesive Capital Partners is another key investor in Tarro. They focus on providing growth capital to companies.
- Investment Focus Areas: Not explicitly mentioned.
- Notable Investments: Not explicitly mentioned.
Valuation: Not publicly disclosed.
What's Next for Tarro?
The information requested about the opportunities available for Tarro, the size of these opportunities, future fundraising opportunities, industry trends, opportunities for growth, challenges the company might face, and predictions for future fundraising or acquisitions was not found in the provided sources. Below is the available information based on the sources:
Tarro's future looks promising as they continue to innovate in the AI-powered restaurant solutions space. With the backing of Integrity Growth Partners and Cohesive Capital Partners, the company is well-positioned to capitalize on the growing demand for automation in the food service industry. This trend presents a significant opportunity for Tarro to expand its market share and enhance its product offerings.
Future fundraising efforts could be bolstered by the increasing interest in AI technologies, potentially attracting more investors. However, challenges such as market competition and technological advancements will require Tarro to stay agile and continuously improve its solutions to maintain a competitive edge.
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