Trending...
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- Heritage at South Brunswick Offers Immediate Townhome Appointments and Special Mortgage Incentive Fast-Moving Sales
500 Startups graduate will use growth capital to help restaurants and retailers get 16x more data than receipt surveys and build relationships 18x better than online reviews with real world live chat
PROVO, Utah - Marylandian -- Ovation, a relationship enablement platform for restaurants and retailers, announced a round of almost $1 million in seed funding. The total amount raised was led by Monta Vista Capital and includes 500 Startups, Steve Young, and angels from San Francisco, Utah, Boston, and Japan.
Ovation will use the capital for continued growth and improved tools for customer retention and AI. "Utah (Silicon Slopes) is an incredible market to build a global business," says Zack Oates, 3x entrepreneur and Founder & CEO. Oates came up with the idea after being frustrated at the lack of ways to communicate with local businesses while going to 47 countries and on over 1,000 dates.
Ovation recently graduated from the 500 Startups accelerator in San Francisco as part of Batch 24. Over 1,800 tech startups from around the world applied to the program and Ovation was 1 of 20 companies that were accepted. Glen Anderson, a partner at Monta Vista Capital, said "We invest in very few companies outside the San Francisco Bay Area—but Ovation has the combination of focused product, huge market, product-market fit, customer traction, and energetic team to get us excited about leading this round."
More on Marylandian
While online businesses easily pixel happy customers to bring them back and have live chat to engage with dissatisfied customers, restaurants and retailers are struggling to keep up. Ovation is a "game changer," touts an online review from one of their 300+ customers. Ovation collects customer information and measures experience in the moment through simple survey tools. Then happy customers are asked to share their experience and come back while unhappy customers start an instant SMS chat with management. Unlike other services, customers don't have to download an app, create an account, or type in a code from a paper receipt. It is simple to use and easy to manage. Benefits of Ovation include:
More on Marylandian
"This not only brings my loyal customers back, but new ones to grow my business. Ovation is so mission critical to the success of my business," says Scott Porter, one of the first Ovation customers and founder of San Diablo Churros, which has seen tremendous growth in a stagnant market, thanks to Ovation.
"This funding allows us to become the most effective and affordable way for businesses to build meaningful relationships with their customers and thrive during this retail apocalypse," says Oates.
Ovation will use the capital for continued growth and improved tools for customer retention and AI. "Utah (Silicon Slopes) is an incredible market to build a global business," says Zack Oates, 3x entrepreneur and Founder & CEO. Oates came up with the idea after being frustrated at the lack of ways to communicate with local businesses while going to 47 countries and on over 1,000 dates.
Ovation recently graduated from the 500 Startups accelerator in San Francisco as part of Batch 24. Over 1,800 tech startups from around the world applied to the program and Ovation was 1 of 20 companies that were accepted. Glen Anderson, a partner at Monta Vista Capital, said "We invest in very few companies outside the San Francisco Bay Area—but Ovation has the combination of focused product, huge market, product-market fit, customer traction, and energetic team to get us excited about leading this round."
More on Marylandian
- Maryland Horse Industry Board Meeting Notice
- Smart Resnse Unveils Smart Resnse(SRMS) Token-Powered AI Orchestration Platform to Revolutionize Multi-Billion Dollar Market
- Josh and Heidi Follow Up the Much Anticipated and Successful Launch of the "Spreading the Good BUZZ" Podcast with a Personal Request
- Local Filmmaker Brings Folklore and Film to Her Own Backyard in Silver Spring
- Revolutionary Blockchain Platform Okh Finance Announces Okh Finance(OKKH) Token Launch to Transform Global Asset Leasing Market
While online businesses easily pixel happy customers to bring them back and have live chat to engage with dissatisfied customers, restaurants and retailers are struggling to keep up. Ovation is a "game changer," touts an online review from one of their 300+ customers. Ovation collects customer information and measures experience in the moment through simple survey tools. Then happy customers are asked to share their experience and come back while unhappy customers start an instant SMS chat with management. Unlike other services, customers don't have to download an app, create an account, or type in a code from a paper receipt. It is simple to use and easy to manage. Benefits of Ovation include:
- 5-10x more online reviews
- 18x higher engagement than negative online reviews
- 16x more data collected than receipt surveys
More on Marylandian
- Cover Girl Finalist Teisha Mechetti Questions Legitimacy of Inked Originals Competition, Demands Transparency
- Easton & Easton, LLP Files Suit Against The Dwelling Place Anaheim & Vineyard USA Over Abuse Allegations
- AI Visibility: The Key to Beating Google's AI Overviews and Regaining Traffic
- Stuck Doing Math or Figuring Out Life's Numbers? Calculator.now Makes It Stupidly Simple
- Colbert Packaging Announces WBENC Recognition
"This not only brings my loyal customers back, but new ones to grow my business. Ovation is so mission critical to the success of my business," says Scott Porter, one of the first Ovation customers and founder of San Diablo Churros, which has seen tremendous growth in a stagnant market, thanks to Ovation.
"This funding allows us to become the most effective and affordable way for businesses to build meaningful relationships with their customers and thrive during this retail apocalypse," says Oates.
Source: Ovation
0 Comments
Latest on Marylandian
- NASA Collaborative Agreement for Supply of Thin-Film Solar Tech for Orbital Application to Advance Development of Thin-Film PV Power Beaming: $ASTI
- Exciting New Era of Sports, Entertainment & Gaming Innovation Spotlighted by Rebrand of Expanding AI Driven, Online Fan Engagement Company: SEGG Media
- VFAF MD State Chapter Joins Texas Flood Relief Ops said Stan Fitzgerald Veterans for America First
- Service Ninjas Debuts First-of-Its-Kind "Membership" Platform for Home Service Pros
- Bruce In The USA Brings Immersive Bruce Springsteen Celebration to Frederick This October
- BIYA Forecasts 2025 Surge with ¥300M ($41.8 M USD) in Revenue and ¥25M Profit from Cloud Based HR Solutions: Baiya Intl. Group (N A S D A Q: BIYA)
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient