Savi has raised $12 million in Series A funding from
Next Coast Ventures and
Rock Creek Capital, LLC with participation from existing investors to expand into new markets, grow partnership and reseller channels, and continue innovating on Savi's comprehensive cloud platform.
This funding enables Savi to further our mission of unlocking the power of video in the cloud for top brands and emerging operators in restaurants, convenience stores, and retail, such as Marco’s Pizza, Scooters Coffee, Good2go Gas Stations, and Invicta Stores.
A long-time Savi customer,
Josh Boshard, the COO of Savory Fund, who is responsible for the operations and technology teams at all of Savory’s 175 portfolio restaurants, said: “Savi is one of the few technologies that we deploy across all brands because their platform allows our entire organization to gain insight into store-level operations, and since they are truly cloud-based they’ve allowed us to adopt new advancements in video-related technologies affordably.”
Our CEO
Brock Weeks said, “Video has been trapped in onsite servers to serve as an expensive, reactive insurance policy for far too long. By fundamentally rearchitecting video to be cloud-first and free from deprecating on-site servers, Savi has affordably and permanently opened the door to video-centric operations today, and seamless adoption of future AI advancements.”
Thomas Ball, Co-Founder and Managing Partner of Next Coast Ventures said, "Savi's innovative approach, combining cloud video, data integrations, and AI, marks a pivotal step towards transforming on-site customer experiences."
Savi Raises $12M in Series A Funding for Cloud-First Video Platform
Savi Raises $12M in Series A Funding for Cloud-First Video Platform