What does Hi Auto do?
Hi Auto provides a software-as-a-service platform that automates drive-thru order-taking using artificial intelligence, allowing fast-food outlets to enhance operational efficiency while freeing up staff for more value-added tasks such as food preparation and guest engagement.
How much did they raise?
The company raised $15M in Series A funding, adding to a total of $23M raised to date. The round was led by Delek Motors, the Zisapel Family, and Vasuki Tech Fund, with additional participation from Allied Group, Goldbell Investments, and the Meir Barel Group. Hi Auto also secured a $4M credit line to support its growth.
What are their plans for the money?
With the new funds, Hi Auto plans to expand its operations and ramp up development efforts, potentially revolutionizing the quick-service restaurant industry by improving speed and accuracy in drive-thru orders and supporting broader adoption of AI technology.
What have they achieved so far?
Founded in 2019, Hi Auto has already made notable strides by partnering with major fast-food brands including Bojangles, Checkers & Rally’s, Lee’s Famous Recipe Chicken, Burger King New Zealand, and Popeyes UK, demonstrating its proven capability to enhance order-taking processes in the industry.
