Growing Restaurant Integration Novo Labs' platform supports over 14,000 restaurants for various ordering channels including drive-thru, phone, and SMS, presenting a substantial market for expanding voice AI solutions in the hospitality industry targeting restaurant chains seeking automation.
Strategic Technology Partnerships Recent partnerships with Nvhotels and integrations with parking datasets like Parkopedia highlight opportunities to offer comprehensive voice-enabled guest experience services in hospitality and automotive sectors, expanding potential revenue streams.
Innovation in Hospitality Tech The recent launch of the in-vehicle voice ordering system and Agentic+ Platform demonstrates Novo Labs’ focus on innovative, real-time AI solutions, opening doors to automotive manufacturers and hospitality businesses seeking advanced conversational AI for enhanced customer interactions.
Market Expansion Potential Participation in major industry events like NRF and CES indicates active efforts to showcase the platform, attracting enterprise clients in retail, hospitality, and automotive fields looking for scalable voice AI integrations.
Financial Growth Opportunities With a relatively modest revenue and funding base, there is significant potential for upselling and expanding existing customer relationships by demonstrating the added value of their automation and AI solutions to mid-sized and large enterprise clients.
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$1B$10BNovo Labs, Inc. uses 8 technology products and services including Microsoft Clarity, MadCap Flare, Stellantis, and more. Explore Novo Labs, Inc.'s tech stack below.
| Novo Labs, Inc. Email Formats | Percentage |
| First.Last@novolabs.com | 85% |
| FLast@novolabs.com | 7% |
| First.Middle@novolabs.com | 8% |
| FLast@soundhound.com | 66% |
| First@soundhound.com | 17% |
| FirstLast@soundhound.com | 14% |
| Last@soundhound.com | 3% |
Technology, Information and InternetTexas, United States11-50 Employees
Conversational AI for restaurant ordering start-up founded in 2017 by Clinton Coleman and Jeff Loukas. We combined with Synq3 in 2021 to form the leader in fully autonomous conversational AI restaurant ordering solutions, then were acquired by SoundHound AI in early 2024. Today the platform performs ordering automation for drive-thru, phone orders, and SMS text for more than 14,000 restaurants.
Company Overview
Funding & FinancialsNovo Labs, Inc. has raised a total of $2M of funding over 1 rounds. Their latest funding round was raised on Apr 23, 2019 in the amount of $2M.
Novo Labs, Inc.'s revenue is estimated to be in the range of $1M
Funding & FinancialsNovo Labs, Inc. has raised a total of $2M of funding over 1 rounds. Their latest funding round was raised on Apr 23, 2019 in the amount of $2M.
Novo Labs, Inc.'s revenue is estimated to be in the range of $1M
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