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Tech provider Marqii raises  million to help restaurants manage their online presence
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Tech provider Marqii raises $10 million to help restaurants manage their online presence

Marqii

Marqii helps restaurants respond quickly to online reviews. | Photo: Shutterstock

Restaurant technology provider Marqii has raised $10 million to help it expand.

The funding round was led by Next Coast Ventures with contributions from Rich Products Ventures, the venture capital arm of food producer Rich Products. This brings the total funds raised by the company to $20 million.

Marqii’s software helps restaurants manage online reviews, listings and menus in an effort to engage with customers and save operators time. In August, it launched an AI tool that generates suggested responses to reviews.

Marqii will use the funding to support the development of new features, including social media management and more action-oriented analytics. The company also plans to add to its customer success team, sales teams and engineering teams for mid-sized and large businesses.

Founded in 2017, the Austin-based company has grown rapidly over the past year, increasing its number of restaurant partners by 50 percent, to 12,000, since last October. Marqii works with both independents and chains, but continues to move upmarket. A third of its clients have 30 or more locations.

These clients include P. Terry’s, Authentic Restaurant Brands, &pizza, DIG, Margaritaville, Levain, Cooper’s Hawk, Big Chicken, Birdcall, Insomnia Cookies and Punchbowl Social.

Marqii’s new investors called the company “unique” and praised its use of technology to help restaurants create stronger relationships with customers.

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