Foozi, based in Espirito Santo, Brazil, has successfully raised $1.02 million in a pre-seed funding round. The funding aims to support the company's national expansion and technology development. Quartzo Capital led the round, which also saw participation from several angel investors. The new capital will facilitate Foozi's commercial expansion and new hiring initiatives.
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Company Information
Company
Foozi
Location
Espírito Santo, Brazil
About
Foozi is a foodtech company based in Espirito Santo, Brazil, that leverages artificial intelligence to optimize and outsource restaurant purchasing operations. Founded in 2023, Foozi operates an AI-powered platform as a central purchasing hub for the restaurant industry. The platform integrates with WhatsApp to automate quote requests across over 11,000 suppliers, enabling restaurants to secure better pricing through collective bargaining. The company recently raised $1.02 million in a pre-seed funding round to support its expansion and technology development.
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