Vori has announced the completion of a $10 million Series A funding round, according to a press release shared with AfroTech.
The round was led by The Factory, with participants including Greylock, E2JDJ, MKT1, and Vori flagship customer, Mollie Stone’s Markets.
“At Vori we believe in using technology to ensure communities have access to the goods they need – starting with food. To accomplish this, the playing field between small businesses and the mega corporations needs to be leveled,” said Hill in a statement. “I’m proud to say we are arming the rebels by providing food entrepreneurs with affordable and agnostic technology that streamlines their businesses, allowing them to stay competitive. This investment will allow us to expand our team and product to better meet the growing needs of the grocery industry, and to help our customers manage their supply chains, optimize labor, and keep up with evolving market trends and consumer needs.”
Currently, Vori’s total funding stands at $15.3 million.