Restaurant tech Owner.com raises $120m in funding

GlobalData

Wed, May 14, 2025, 2:49 AM 1 min read

Owner.com, a software-as-a-service institution focused connected restaurants, has raised $120m successful a backing circular to heighten its capabilities successful supporting restaurants and section businesses successful their online growth.

The backing circular was led by Alex Kurland of backstage equity institution Meritech and Shalini Rao of task superior steadfast Headline.

The circular besides included strategical investments from respective edifice manufacture leaders, including Sweetgreen CEO Jonathan Neman and Cava CEO Brett Schulman.

Owner.com stated that the concern volition assistance it standard “from startup to generational company.”

Owner.com’s ngo is to assistance restaurants and section businesses successful thriving online, wherever an expanding fig of transactions occur.

The institution offers services specified arsenic websites, loyalty programmes, and integer marketing, aiming to level the playing tract betwixt tiny restaurants and ample chains.

In summation to its halfway offerings, Owner.com is investing successful artificial intelligence. The startup precocious unveiled a caller merchandise called AI Executives to assistance restaurants with expertise successful marketing, finance, and technology.

The AI-powered chatbots were developed utilizing information collected from respective restaurants that utilise Owner's services.

Owner.com’s co-founder Adam Guild initially focused connected reservations for edifice chains. However, the institution pivoted to online ordering during the pandemic and has experienced amended maturation since.

The institution antecedently raised $33m successful a Series B backing circular successful January 2024 and present collaborates with much than 10,000 restaurants, claiming to person multiplied its yearly recurring gross each twelvemonth since its inception.

"Restaurant tech Owner.com raises $120m successful funding" was primitively created and published by Verdict Food Service, a GlobalData owned brand.

The accusation connected this tract has been included successful bully religion for wide informational purposes only. It is not intended to magnitude to proposal connected which you should rely, and we springiness nary representation, warranty oregon guarantee, whether explicit oregon implied arsenic to its accuracy oregon completeness. You indispensable get nonrecreational oregon specializer proposal earlier taking, oregon refraining from, immoderate enactment connected the ground of the contented connected our site.