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Brizo Data Raises $12 Million In Series A Funding To Fuel Data-Driven Intelligence Across The Foodservice Industry

Apr 05, 2023•over 2 years ago

Amount Raised

$12 Million

Round Type

series a

Quebec CitySoftware

Investors

Bdc Capital's Industrial Innovation Venture FundFramework Venture Partners

Description

Brizo Data is excited to announce series A funding of over $12 million (CAD) in combined venture capital and debt. The round was led by FRAMEWORK Venture Partners and BDC Capital's Industrial Innovation Venture Fund. The company was launched in 2020 by seasoned entrepreneurs Ian Delisle, Trevor Shimizu, Gaetan Corneau and Jean-Sébastien Vachon. Brizo's vision is to become the source of truth on the foodservice and hospitality industries through their unrivaled depth of industry data and insights.

Company Information

Company

Brizo FoodMetrics

Location

Quebec City, Quebec, Canada

About

Brizo FoodMetrics equips industry leaders with actionable foodservice data and insights needed to make informed decisions based on facts, not hunches. The company offers market intelligence covering over 2.1 million establishments, supporting business growth and streamlining workflows for the foodservice industry.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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