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Loman AI raises $3.5M in Seed funding led by Next Coast Ventures to enhance product development and expand its team.

Aug 26, 20254 months ago

Amount Raised

$3.5 Million

Round Type

seed

AustinSoftwareArtificial Intelligence

Investors

AntlerTen One Ten VenturesNext Coast Ventures

Description

Loman AI, based in Austin, TX, has secured $3.5M in Seed funding. The investment round was led by Next Coast Ventures, with contributions from TenOneTen Ventures and Antler. The company plans to utilize the funds for product development and team expansion as demand for its AI platform increases. Loman AI specializes in voice AI solutions for the restaurant industry.

Company Information

Company

Loman AI

Location

Austin, Texas, United States

About

Loman AI is a provider of a Voice AI customer engagement platform for restaurants. Its phone agent answers every call, takes orders, handles FAQs and reservations, and integrates with leading POS and ordering systems to drive revenue and guest satisfaction. It serves independent operators, multi-unit groups, and national brands across the United States.

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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