Loop AI, an enterprise AI platform focused on restaurant back-office operations, has raised $14 million in a Series A round, as the company looks to simplify the financial and operational mess that comes with modern delivery-led dining. The fundraise was announced on February 2, 2026, with Nyca Partners leading the round and participation from Gokul Rajaram, Base10, and Afore Capital.
The timing is not accidental. As delivery shifts from a side-channel to a primary revenue driver, something Loop AI CEO Anand Tumuluru describes as the “new drive-thru”, restaurant operators are wrestling with third-party fees, disputes, reconciliation headaches, and what the company calls operational “leaks” that quietly erode profitability.
What Loop AI is actually selling?
Loop AI says it’s building more than another dashboard. Founded in 2022 by a team of ex-Uber and Google engineers, the company positions its product as an “agentic co-worker”, software that doesn’t just show the numbers, but actively helps run the messy middle of restaurant operations.
According to the company’s description, the platform’s core capabilities include:
- Automated financial reconciliation: syncing third-party delivery data (including services such as UberEats and DoorDash) with ERP systems like NetSuite, reducing manual bookkeeping.
- Chargeback recovery: identifying and disputing cases like “friendly fraud” or delivery errors to recoup lost revenue.
- Operational intelligence: real-time insights into store uptime and marketing ROI, aimed at ensuring delivery growth doesn’t cannibalize in-store margins.
In layman’s terms: Loop AI is pursuing the unglamorous, high-friction work, matching payouts to orders, identifying discrepancies, contesting errors, and providing operators with a clearer understanding of what’s working and what’s hemorrhaging funds.
A notable board addition
As part of the financing, Osama Bedier, a former executive at Google and GoDaddy, is set to join Loop AI’s board of directors. Bedier said Loop sits at the intersection of AI and operational efficiency, calling them two “essential pillars shaping the future of dining.”
Where the money will go next?
Loop AI says the new capital will be used to:
- Expand the product suite into deeper marketing and supply chain automation.
- Scale global operations, adding headcount across hubs in New York, San Francisco, Tampa, and Bengaluru.
Traction claims: 300+ brands, 6x growth since 2024
According to Loop AI, it has seen a sixfold increase in business since 2024 and currently supports more than 300 brands, including Little Caesars, McDonald’s, and Lazy Dog.
The company positions this success within a larger, longer-term wager: it points to the volume of delivery orders increasing toward a predicted $1 trillion market by 2035 and asserts that as the market grows, restaurants will require more control over the back office.
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