Press release
Marqii Secures Series A Funding, Bringing Total Raised to $10 Million
Led by CEAS Investments, Marqii’s new funding will accelerate product development for the hospitality industry, with expanded capabilities for review management and guest engagement.
AUSTIN, Texas (September 12, 2023) -- Marqii, a one-stop digital operations platform for hospitality businesses, today announced the closing of $4.5 million in Series A funding, bringing their total amount raised to $10 million. CEAS Investments led the capital financing round, with strategic investment from GTM Fund and additional participation from Hatcher VC and Maccabee Ventures. These new funds will accelerate Marqii’s product innovation for the hospitality industry, enabling deeper connections and integrations with industry-specific tech stacks and expanding guest engagement and review management capabilities.
Marqii strives to help restaurants, bars, hotels, ghost kitchens and virtual brands deepen their customer relationships by providing one central place where they can efficiently manage their online menus and listings, and respond to their reviews. In March 2023 Marqii released its newest Managed Review Response service, which creates personalized review responses in each brand’s own voice using a combination of AI and HI (Human Intelligence). More than 8,000 hospitality businesses currently rely on Marqii to power their online operations, including Sage Hospitality Group, Margaritaville, Levain Bakery, Marcus Samuelsson Group, Virtual Dining Concepts, and Gregory’s Coffee.
“We are beyond excited to continue supporting the Marqii team who are building a must-have layer in the hospitality tech stack,” said Ronnie Martinez, VC Associate at CEAS Investments and newest Marqii board member. “The team has been busy building new products and integrations to deliver a seamless experience for restaurants and hospitality groups who have historically had to deal with fragmented operating systems. With one dashboard, operators have granular visibility to manage menus and hours for all their locations and can now automate review responses across the Internet.”
According to Marqii’s founders Avi Goren, Evan Perlmutter and Bryan Rutcofsky, today’s funding is evidence that they have found strong market traction within the competitive hospitality technology space. Since its seed funding announcement in March 2022, Marqii has seen over 200% revenue growth and helped more than 8,000 additional hospitality businesses streamline their online operations, increase their search visibility, track and respond to reviews, and keep their online menus up-to-date through direct integrations with their point-of-sale systems. To hear more from Marqii’s founders regarding their future plans, watch the 3-minute video interview below.
To learn more about Marqii, visit https://marqii.com.
About Marqii
Founded in 2017 by Avi Goren, Evan Perlmutter and Bryan Rutcofsky, Marqii is a one-stop digital operations platform for hospitality businesses. With dozens of POS integrations and connections to more than 80 listings sites including Google, Yelp, Facebook, Bing, and Apple Maps, Marqii saves hospitality teams time by automating updates to their online menus, hours, location data, featured links, and more. Marqii’s review management product gives multi-unit operators one place to track and respond to Facebook, Yelp, and Google reviews so they never miss a chance to engage with their guests’ feedback. More than 8,000 hospitality businesses of all sizes use Marqii to save time, rank higher in search results, attract more guests, and learn what matters most to their customers. Some of the hospitality businesses currently relying on Marqii to power their online operations include Sage Hospitality Group, Margaritaville, Levain Bakery, Marcus Samuelsson Group, Virtual Dining Concepts, and Gregory’s Coffee.
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