growyze secures over £660k in pre-seed funding from angel backers and SyndicateRoom
The London-based hospitality stock control platform has raised over £660k to expand its product capabilities.
growyze provides stock management and loss prevention software for food and beverage businesses in the hospitality sector. Its cloud platform replaces manual paperwork and spreadsheets with automated tools for inventory and purchasing.
London-based hospitality tech company growyze has secured over £660k in a pre-seed funding round. The investment was backed by angel investors alongside SyndicateRoom, through its Access EIS Fund.
The capital will be directed towards expanding the company product capabilities, helping venues eliminate manual administrative tasks and reduce operational losses.
The business provides a cloud-based stock control platform designed to modernise back of house operations for restaurants, bars, and hotels. By automating inventory tracking and invoice validation, the software aims to protect profit margins in an industry historically reliant on spreadsheets and paper records.
Investor perspective
"What growyze is offering may seem like a simple solution but behind the scenes, we quickly realised that Kati and the team are bringing the very latest workflow automation to an industry that thrives on really small margins…and every penny matters."
Mark McDermott
CEO, ScreenCloud
Use of funds
- 01Continue product development
Investors
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About the company
growyze
Stock management and loss prevention platform for the hospitality industry.