Glaze, a Reykjavik-based technology startup, today announced it has secured $1.1M in funding from Brunnur, the Icelandic venture capital firm. The funds will be used to accelerate the development of Glaze’s order and pay solutions for the experience economy, enabling businesses to offer frictionless, contactless experiences to customers.
Glaze is a cloud-based platform that transforms the way businesses in the experience economy manage their customer interactions. The platform enables businesses to offer contactless ordering, payments, and communication through mobile devices, streamlining the customer experience and reducing wait times. The company’s solutions are tailored to a wide range of businesses in the experience economy, from restaurants and cafes to theme parks and stadiums.
“We are thrilled to have secured this funding from Brunnur Ventures,” said Arnþór Ingi Hinriksson, CEO of Glaze. “With the support of Brunnur, we will continue to develop and innovate our order and pay solutions for businesses in the experience economy. Our mission is to transform the way businesses interact with their customers, making experiences faster, safer, and more enjoyable.”
“Glaze’s innovative technology has the potential to transform the experience economy,” said Soffía Theódóra Tryggvadóttir, Board Director of Brunnur. “We are impressed by the company’s vision, product offering, and team, and believe that Glaze is poised to become a leader in this space. We are excited to support the company’s growth and development.”