Fundraising Fox

Incentivio

Boston, US · Founded 2017 · Delaware corporation · 37 employees on LinkedIn · 8 known investors

Incentivio offers a guest engagement platform for multi-unit restaurant brands, combining online ordering, loyalty programs, marketing automation, and analytics into one system. It helps operators capture first-party guest data, drive repeat visits, and measure loyalty ROI across locations, serving restaurant brands across North America.

Also known as Incentivio, Inc.

Founders & leadership

Incentivio was founded in 2017 by Sashika Dias.

SD
Sashika DiasFounder
RB
Rajat BhakhriExecutive

Board

PB
Phil BronnerBoard director
JTJulia Taxin
Julia Taxinin𝕏Board MemberGeneral Partner at Grotech Ventures
SD
Sean DowlingBoard director
JF
James FrischlingBoard director

Investors · 8

Also in the syndicate · 1

Ardent Venture Partners

Reported raises · per SEC filings

Form D private placements

$19.2M disclosed across 2 of 3 rounds · 2023–2025

$3.9MraisedApr 2025 · 7 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Phil BronnerDirector
  • Sashika DiasExecutive Officer, Director
  • Julia TaxinDirector
  • Sean DowlingDirector
  • Rajat BhakhriExecutive Officer, Director
Offering amount
$5M
Amount sold
$3.9M
Minimum investment
$1
First sale
Mar 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$15.3MraisedMay 2023 · 21 investors · Restaurants
Rule 506(b)
Officers, directors & promoters on the filing
  • Rajat BhakhriExecutive Officer, Director
  • Sash DiasExecutive Officer, Director
  • James FrischlingDirector
Offering amount
$15.3M
Amount sold
$15.3M
Minimum investment
$25K
First sale
May 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Company profile

researched Aug 2026

Incentivio operates a guest engagement platform for multi-unit restaurant brands that combines branded online ordering, white-label mobile apps, loyalty programs, marketing automation, and analytics in a single system. The stated aim is to help operators increase repeat visits, raise average order value, and connect loyalty activity to revenue outcomes, while retaining ownership of guest relationships and first-party data rather than relying on third-party channels.

The platform is organized around three areas: revenue optimization (branded web and mobile ordering, AI-driven recommendations that raise check size, gift cards and stored value, Scan to Pay, and delivery dispatch); operational scale (loyalty, marketing automation, CDP/CRM, guest journey management, automated menu management, order throttling, and POS/payment/delivery integrations); and data-driven insight (unified guest profiles and transaction history, AI-powered segmentation, churn prediction, menu intelligence, upsells, and Loyalty Pulse reporting). Dashboards are designed for marketing, operations, leadership, franchise, and analytics roles, with location-level and franchise-level views rather than only brand averages.

At the time of its 2023 Series A, the Boston-based company described itself as consolidating restaurants' digital tech stacks and giving small and medium-sized restaurant groups data capabilities comparable to large enterprise chains, with plans to invest further in AI and machine learning to reduce manual work and costs for operators.

Founding story

Co-founders Rajat Bhakhri and Sash Dias built the company around the premise that large enterprise restaurant brands hold an advantage in using data to drive business results, and that smaller and mid-sized restaurant groups lack the budgets and IT teams to match them; the stated goal was to level that playing field, an approach the COO summarized as "the art of flavor meeting the science of data."

Business model

Incentivio sells a subscription-style software platform to restaurant brands, which license ordering, loyalty, marketing automation, CDP/CRM, and analytics modules and deploy them across their locations under their own branding. The company states that it does not resell guest data or compete for the guest relationship.

Revenue is generated from restaurant brands that adopt the platform's ordering, loyalty, marketing, and analytics modules; sources do not detail specific pricing.

Traction

The company reports serving more than 4,600 restaurants and processing over 200 million orders annually, with 97% stated accuracy in identifying at-risk guests. At the time of its May 2023 Series A it reported 300% year-over-year growth and adoption by thousands of restaurants across the U.S. and Canada, and worked with hundreds of brands in North America. Customer testimonials cite outcomes such as 17.5% year-over-year loyalty membership growth and a 12.4% lift in average check at Pho Hoa, and more than 46,000 new loyalty members and 128% growth in active membership at everbowl in the first five months of 2026.

Latest developments

The company is promoting a State of Restaurant Loyalty in 2026 report and has introduced Loyalty Pulse, a reporting product intended to demonstrate loyalty program ROI by measuring repeat visits, spend, and incremental revenue.

Full profile — market position, technology, go-to-market, geography, history

Market position

Incentivio positions itself in the restaurant technology stack as an integrated alternative to point solutions, contrasting its unified first-party data approach with loyalty tools limited to points and redemptions and with enterprise systems it characterizes as overbuilt for mid-sized brands. Its Series A lead investor described the company as a potential category leader in digital customer engagement for restaurants.

Differentiators cited by the company include unified first-party data across ordering, loyalty, and marketing; location- and franchise-level insights rather than brand averages; built-in performance reporting linking loyalty to revenue; AI-based churn prediction and upsells; and a commitment that restaurants retain their brand, guest data, and guest relationships.

Technology

The platform applies AI and machine learning to restaurant guest data: real-time recommendations and upsells that increase check size, guest segmentation, and churn prediction that flags at-risk guests so automated offers can be triggered. A customer data platform unifies guest profiles, transaction history, and channel behavior, and reporting tools such as Loyalty Pulse tie loyalty activity to repeat visits and incremental revenue. The system integrates with POS, payment, and delivery providers including Square, Toast, Oracle, Qu POS, and PAR Brink POS.

Go-to-market

The company markets directly to restaurant operators through demo requests and content such as its State of Restaurant Loyalty report, and emphasizes a consultative, customized approach to sales, implementation, customer success, and support. Following its 2023 Series A, Incentivio said it would invest in go-to-market initiatives to accelerate growth.

Multi-unit restaurant brands and franchise groups in North America, including small and medium-sized restaurant groups seeking capabilities comparable to large enterprise chains. Named customers include Pho Hoa, everbowl, Dave's Cosmic Subs, Pelican's SnoBalls, World Wrapps, White Rock Coffee, Virtual X Kitchen, Huey Magoo's, Port City Java, Intelligentsia, and Bread Zeppelin.

Geography

Headquartered in Boston, with restaurant brand customers across the United States and Canada.

History

Press materials from the May 2023 Series A state the company was founded in 2016 by Rajat Bhakhri (CEO) and Sash Dias (COO). By 2023 it was based in Boston and served restaurant brands across the U.S. and Canada, and it announced a $10M Series A led by Osage Venture Partners that year.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Accuracy identifying at-risk guestsJan 202697%
Brands served in North AmericaMay 2023hundreds
HeadcountAug 202637
Orders processed annuallyJan 2026200,000,000 orders
Restaurants servedJan 20264,600 restaurants
Year-over-year growth (reported at time of Series A)May 2023300%

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Competitors · 7

by search overlap

Companies competing with Incentivio for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 2

launches, deals, and filings
Jan 2026
Loyalty Pulse reporting

Incentivio introduced Loyalty Pulse, a reporting capability that measures whether loyalty programs drive repeat visits, higher spend, and incremental revenue rather than only tracking points and redemptions.

source ↗

May 2023
Incentivio closes $10M Series A led by Osage Venture Partners

Incentivio announced a $10M Series A round led by Osage Venture Partners with participation from Ardent Venture Partners and Grotech Ventures, to be used for go-to-market expansion and investment in product, engineering, and AI/machine learning capabilities.

$10M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Legal entities · 1

corporate structure
IncentivioDelaware

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Incentivio do?
Incentivio is a guest engagement platform combining online ordering, loyalty, marketing automation and analytics for multi-unit restaurants.
Who founded Incentivio?
Incentivio was founded by Sashika Dias in 2017.
Who are Incentivio's investors?
Incentivio's investors include Ardent Venture, BlueTree Venture Capital, Branded Strategic Hospitality, Conductor Capital, Data Point Capital, Grotech Ventures, Osage Venture Partners.
How much funding has Incentivio raised?
Incentivio has disclosed $19.2M raised across 2 of its 3 known rounds.
Where is Incentivio headquartered?
Incentivio is headquartered in Boston, US.