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Stock impact report

Hi Auto raises $15M to scale conversational AI for quick-service restaurant drive-thrus [Yahoo! Finance]

Aon plc Class A Ordinary Shares (Ireland) (AON) 
Last aon plc class a ordinary shares (ireland) earnings: 5/1 06:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
DAYTON, Ohio April 2, 2025 /PRNewswire/ -- Hi Auto , a startup pioneering AI-powered voice technology for the quick-service restaurant (QSR) industry, has raised $15 million in a Series A round led by Delek Motors, the Zisapel Family, Vasuki Tech Fund, and a publicly traded strategic investor from the restaurant sector. The new funding, which brings Hi Auto's total capital raised to $23 million , also included participation from Allied Group, Goldbell Investments, and the Meir Barel Group. In addition to the funding, Hi Auto has secured a $4 million credit line to support its growth and expansion efforts. Hi Auto's software-as-a-service platform automates drive-thru order-taking, delivering over 96% order accuracy and over 90% order completion rate. As labor costs surge—especially following California's /hour minimum wage for fast-food workers—QSR operators are struggling to maintain speed, accuracy, and profitability at the drive-thru. Hi Auto tackles this challenge by offloading Show less Read more
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