DTiQ provides SaaS, video-based analytics and optimization solutions tailored to QSR, retail and convenience-store operators, led by CEO JL Valente. The company expanded its addressable market in 2022 through the acquisition of Australia-based Summit Innovations, adding advanced drive-thru solutions. DTiQ serves over 37,000 locations across the Americas, Europe and Australia/New Zealand and lists customers including Adidas, Burger King, Dunkin, McDonald’s, Subway and Taco Bell. The firm intends to use the new funding to accelerate innovation in AI and computer vision to deliver more actionable insights and automation. It plans to expand its SaaS product offerings and pursue growth in existing and new territories. The article reports a $145M growth investment from Bain Capital Credit as the latest financing event.

Total raised

$145M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2024