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The stock market app for restaurant food

The stock market app for restaurant food

Gebni is the world’s first food-ordering app applying real-time demand-adjusted pricing to the time-sensitive economy starting with restaurants' online takeout and delivery orders to boost sales and improve margins.

Our technology relies on machine learning and financial modeling to analyze demand for meals down to the ingredient level and constantly optimize prices so that restaurants are always targeting an optimal customer base. This concept known as yield management capitalizes on the fact the food away from home (FAWH) is the most price-elastic category of food, according to USDA, with slight changes in price having significant impacts on the demand curve. By offering demand-driven pricing, Gebni is lowering entry barriers to 67M budget-sensitive individuals making less than $53k/ year by allowing them to order quality food at lower adjusted prices when demand for specific meals drops. We're like the stock market for restaurant takeout and delivery.
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Mohamed Merzouk

Avatar for Mohamed Merzouk
Product @Walmart ; Co-founder @GEBNI; Investment Management @Pace University
Total raised

$200K

Funded over

1 round

Latest round

Seed (Nov 2016)