spot_img
Wednesday, April 17, 2024

Lexcrea guides Orquest´s first funding round

Lexcrea has advised Orquest, the intelligent in-store staff scheduling software aimed at maximising sales based on Artificial Intelligence algorithms, on the closing of its first investment round of €1.5 million led by Angels, Juan Roig's investment company belonging to Marina de Empresas, and informal investor Arjen Heeres in collaboration with Aaban

-

Orquest provides effective workforce planning and management based on cutting-edge algorithms, advanced data analytics and artificial intelligence, designed specifically for the Retail and Quick Service Restaurant industry. With this round, the company aims to strengthen its international expansion in the Middle East, Europe and the Americas.

The Madrid-based company, a spinoff of the company Decide and accelerated by Lanzadera since January of this year, was founded by Manuel del Barrio, Eugenio Martín, Javier Lafuente and Alberto del Barrio in 2019. Its software is currently deployed in 24 countries, it has more than 1,800 points of sale and its clients include companies such as Zara, McDonald’s, Etam and Norauto, among others.

“The new injection is key to our international growth, we are focused on Europe, Middle East, and America and we want to grow in talent and capacity to strengthen our international growth strategy that will allow us to establish ourselves as a global company,” said Alberto del Barrio CEO of Orquest.

Orquest’s clients are large and medium-sized retail or Quick Service Restaurant companies to whom it provides an accurate prediction of in-store activity thanks to Artificial Intelligence, to subsequently generate optimal staff planning that guarantees an increase in employee productivity and maximises sales by improving customer service.

Lexcrea advised Orquest with a team comprising partner Robert Burgell Bonet, and lawyers Vadym Pidhorodetskyy and Daniel Capdevila.

- Advertisement -spot_img
- Advertisement -spot_img

MOST READ NEWS

Uría Menéndez promotes five to partner

Uría has started 2023 appointing five partners: Daniel Cerrutti Buendía, Iván Abad Lloria, Luis Gómez-Iglesias Rosón, and Martin Jordano Luna in the firm´s Madrid...

PLL counsels Santander Consumer on DBRS Morningstar and Moody’s credit note issuance

DBRS Ratings GmbH (DBRS Morningstar) assigned provisional credit ratings to the following classes of notes to be issued by Santander Consumer Spain Auto 2023-1...

PLL counsels Limestone Capital on acquisition of Axel Hotel

Limestone Capital, a leading alternative asset manager with a focus on hospitality and travel, is pleased to announce the acquisition of Hotel Axel on...
spot_img
spot_img
spot_img
spot_img
- Advertisement -spot_img
error: