Squadle offers Digital Checklists™, ZeroTouch™ sensor automation, and machine-vision technology to help multi-unit operators simplify complex operations and maintain food safety. The company combines proprietary digital checklists with patented Bluetooth sensor automation and vision features to deliver out-of-the-box ready products. Squadle says its Checklists product has stored more than one billion records and completed tasks, while ZeroTouch has measured over 40,000,000 Bluetooth temperatures. Squadle reported ARR growth of 700% year over year and expanded its full-time workforce sixfold over the prior 12 months. Its customers operate tens of thousands of locations worldwide and include some of the largest brands in their industries. The company plans to invest the Series A proceeds in its product and increase focus on customer success. Squadle is a next-generation AI operations platform focused on enhancing multi-unit restaurant operations. Its product, Squadle Genius, is an AI/machine-vision add-on to checklists that analyzes in-store camera feeds to detect issues such as empty display cases, misplaced marketing materials, leftover food on tables, or overflowing trash cans. The system has been used over the past year by closed-beta customers, and the company reports nationwide deployments with multi-unit franchisees of McDonald’s, Dunkin’ Brands, and other Fortune 500 chains. Squadle plans to use the newly raised funds to grow its team and augment its products with additional machine vision capabilities. The company is led by co-founder and CEO Le Zhang and is based in Cambridge, MA, with offices in Boston, Chicago, San Francisco, and Washington, DC. Founders include alumni of MIT, Boston College, and Johns Hopkins, and the article reports a $3M funding round led by a private family fund with participation from Companyon Ventures and Walnut Ventures.

Total raised

$3M

Funding rounds

2

Latest round

Equity

Latest activity

Jul 2018