Linked Eats, a Los Angeles-based provider of third-party delivery revenue management software for restaurants, has acquired Sauce Technologies, a company specializing in AI-powered solutions for digital ordering.
The financial terms of the deal were not disclosed.
This acquisition will enable Linked Eats to integrate innovative features across marketing and demand forecasting into its platform.
Sauce Technologies, founded by MIT graduates Colin Webb and Nenye Anagbogu, offers a platform that helps restaurants enhance digital ordering. The company uses data-driven strategies to boost profit margins and online conversion rates, thereby increasing traffic, revenues, and profits. Sauce combines AI, automation, holistic data, and control, allowing restaurants to implement and test smart strategies to counter rising costs and margin constraints. Before the acquisition, Sauce Technologies had raised over $3.6 million from Harlem Capital, Red Sea Ventures, Global Founders Capital, and Rackhouse Ventures.
Robbie Earl, Chairman of Linked Eats, leads the company in providing third-party delivery revenue management software that offers intelligence, optimization, and automation to drive revenue, enhance yield management, and reduce costs. The platform utilizes AI-powered tools across operations, marketing, pricing, and reporting, and is currently used by 4,000 restaurants across more than 30 enterprise brands.
With the integration of Sauce Technologies, Linked Eats aims to further empower restaurants with cutting-edge AI solutions, helping them navigate the challenges of the modern digital ordering landscape and optimize their operations for greater profitability.
