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Blackbird Labs Innovates Restaurant Industry with Blockchain-Backed Loyalty Platform

Blackbird Labs, a technology startup founded by Ben Leventhal, has secured $24 million in series A funding led by a16z, with participation from Amex Ventures and Bolt QED. The company has created a blockchain-backed loyalty platform for restaurants, allowing customers to accumulate redeemable points and a digital token called $FLY for exclusive rewards.

The platform charges a software fee for restaurant operators, providing them with valuable insights into their customers' habits and enabling personalised dining experiences. Blackbird Labs has already integrated 80 restaurants into its ecosystem and plans to onboard more across major metropolitan markets in the US.

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