This is a community-generated profile. If you would like to claim it, please log in or sign up.
The stock market app for restaurant food
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $200K
- Company type
- Marketplace
- Markets
GEBNI careers
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.
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.
GEBNI hasn't added any jobs yet
Get notified when GEBNI posts new jobs.
Mohamed Merzouk
Total raised
$200K
Funded over
1 round
Latest round
Seed (Nov 2016)
Datadog • Singapore • 4 weeks ago
Slice • Buffalo • $85k – $115k • 3 weeks ago
Zerocater • Washington DC • 2 days ago
Movable Ink • United States • 3 weeks ago
ChowNow • Los Angeles • 2 days ago