Loop AI Raises USD 14 Mn in Series A Led by Nyca Partners The fresh capital will be used to expand its product offerings and increase headcount across its offices in New York, San Francisco, Tampa and Bengaluru.
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Loop AI, a San Francisco-based AI platform focused on restaurant and retail back-office operations, has raised USD 14 million in a Series A funding round led by Nyca Partners.
The round also saw participation from investors including Gokul Rajaram, Base10, Afore Capital, Converge, Alumni Ventures, Data Tech Fund, John Pepper, 9Yards Capital and Operators Studio. As part of the deal, Osama Bedier, an investment partner at Nyca Partners and a former executive at Google and GoDaddy, will join Loop AI's board of directors.
The company said the fresh capital will be used to expand its product offerings and increase headcount across its offices in New York, San Francisco, Tampa and Bengaluru.
Founded in 2022 by Anand Tumuluru and Sundar Annamalai, Loop AI provides an enterprise-grade platform designed to automate complex tasks across finance, operations and marketing for restaurant and retail businesses.
The platform operates as an agentic AI co-worker, helping brands streamline back-office workflows. Loop AI said it is currently used by more than 300 public and private brands, supporting thousands of locations across the United States.
Since 2024, the company claims to have grown sixfold and now supports thousands of restaurants. Loop AI said customers including Lazy Dog and Starbird have reported around 10% growth while increasing transaction volumes using its agentic workflows.
"Delivery is the new drive-thru, and it is poised to fuel the next decade of growth for the restaurant industry," said Anand Tumuluru, Co-founder and CEO of Loop AI. "As consumer behavior continues to shift towards takeout and delivery, our mission to make delivery more profitable for restaurant operators has never been more vital."
Tumuluru added that the Series A backing would help the company continue building tools to address changing consumer preferences and industry dynamics.
According to the company, the shift toward delivery is influencing site selection, channel strategy, margins and operational efficiency. Loop AI said its technology enables operators to scale off-premise revenue while maintaining in-store margin levels.
