CANADA – Brizo Data, a Toronto, Canada-based provider of insights to foodservice suppliers and vendors, raised $12M in Series A funding in combined venture capital and debt.
The round was led by Framework Venture Partners and BDC Capital’s Industrial Innovation Venture Fund.The company intends to use the funds to accelerate growth and expand into new markets.Launched in 2020 by seasoned entrepreneurs Ian Delisle, Trevor Shimizu, Gaetan Corneau and Jean-Sébastien Vachon, Brizo Data provides Brizo FoodMetrics, a near real-time, foodservice market analytics platform. The solution offers insights to foodservice suppliers and vendors of all kinds–from who is selling Wagyu beef or linen services, to companies offering staffing technologies, delivery or online reservation solutions. Brizo FoodMetrics takes all that data (from over one million foodservice establishments across the U.S. and Canada) and makes it digestible–capable of driving quick, high-quality restaurant and foodservice business intelligence. It includes dashboard customizations for a wide variety of customer uses including technology vendors, franchisors, food and beverage distributors and industry investors. 05/04/2023
