Participated · Seed · Aug 2021

Momos is an AI-powered customer platform serving multi-location food & beverage, retail, and other brands. Its platform includes Customer Service, Customer Experience, and Marketing solutions that enable brands to drive insights and elevate customer experiences throughout the customer lifecycle while reducing costs. The company works with thousands of businesses globally, including Shake Shack, Baskin Robbins, and Guzman y Gomez, and is live in 10 countries across North America, APAC, and the Middle East. Led by CEO Sai Alluri, Momos operates from San Diego and Singapore. Momos raised $10M in a Series A and has $17M in capital raised to date. The company intends to use the funds to expand its business reach. Momos is a Singapore-based SaaS platform for the food and beverage industry that offers a unified interface for restaurants to manage food delivery platforms, social media, and other online channels. Launched in 2020 by foodtech veterans from Seize, Uber, Microsoft, and Intuit, the platform helps eateries maximize revenue and growth through marketing, reviews, and analytics tools. In August 2021 Momos raised $6.5M in a seed round led by Sequoia Cash India and Alpha Wave Incubation (AWI). Other participants included K3 Ventures, Captii Ventures, Hong Kong-based Integrated Cash, HOF Money, JIA Group, and main angel traders from global food shipping and application enterprises. The company says the funding will support its global expansion plans and enable it to continue providing value to its café partners. Momos intends to use the capital to expand the Momos platform and grow its partner network.

Led · Equity · Aug 2016

AVANA is a Malaysia-based social commerce platform. On Thursday the company announced it raised $1 million in a pre-Series A round. The financing round was led by Gobi Partners. The article did not list other participating investors or provide additional financial details. No operating metrics, revenue figures, user counts, future plans, or use-of-proceeds information were included in the announcement. AVANA, formerly Square.my, provides a digital merchants solution. The company operates in Malaysia. In May 2016 AVANA secured RM2 million (about $498,274) in funding. Investors included Cradle Seed Ventures and co-investor Captii Ventures. Cradle Seed Ventures is the venture capital arm of Cradle Fund Sdn Bhd. Captii Ventures is described as a multi-stage Southeast Asian investment firm.