a16z crypto led a $24m Series A funding Round in Blackbird Labs.

Andreessen Horowitz, a private American venture capital firm, led a $24m Series A funding Round in Blackbird Labs, a hospitality technology company whose platform helps restaurants directly connect and reward their guests, as well as incentivize these customers to return, with participation from Amex Ventures, QED, Union Square Ventures, Shine and Variant. "We've just experienced two decades of declining margins and eroding direct customer relationships in the restaurant industry. I love this industry, but it is time to face industry economic challenges head-on and make bold changes. Loyalty and connectivity are the next frontier and we're excited to be leading on this path forward. Adding incredible investors like a16z, Amex Ventures and Bolt by QED will be crucial to us achieving our goals," Ben Leventhal, Blackbird Labs Founder and CEO.