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0 0 0.000378847671665366 -0.000347277032359948 0.000820836621941566 0.000694554064719897 9.47119179164311E-05 0.00249408050513029
Stock impact report

Loop AI secures funding to automate restaurant back office tasks [Yahoo! Finance]

McDonald's Corporation (MCD) 
Last mcdonald's corporation earnings: 4/30 06:58 am Check Earnings Report
Company Research Source: Yahoo! Finance
Other backers in the round include Gokul Rajaram, Base10 and Afore Capital. As part of the transaction, Nyca Partners' investment partner and former Google executive Osama Bedier will join Loop AI's board of directors. Founded in 2022, Loop AI positions its platform as an “agentic co-worker” for restaurant chains. Its AI-powered suite automates complex financial and operational tasks to help operators improve profitability from third-party delivery services. Loop AI co-founder and CEO Anand Tumuluru said: “Delivery is the new drive-thru, and it is poised to fuel the next decade of growth for the restaurant industry. “As consumer behaviour continues to shift towards takeout and delivery, our mission to make delivery more profitable for restaurant operators has never been more vital. “We are incredibly grateful for the support from both new and returning investors in our Series A raise. “Their backing empowers us to continue equipping restaurants with the essential tools th Show less Read more
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