Owner Raises $33M in Series B Funding

Owner, a Palo Alto, MA-based platform for restaurant owners use to manage their online presence, raised $33m in Series B funding.

The round was co-led by Redpoint and Alt Capital, with participation from Horsley Bridge, Activant Capital, and Transpose Platform Management.

The company, which has raised a total of $58.7m, intends to use the funds to expand operations and its business reach.

Co-founded by Dean Bloembergen and Adam Guild, Owner is an online management platform for restaurant owners to build their websites and manage online ordering. The solution provides them with everything they need to grow ÔÇô in one place, including a website builder, CRM, online ordering system, marketing automation system, branded mobile app generator, and more.

Over 2,000 restaurants and 3,000,000 restaurant customers have used its product and collectively processed hundreds of millions in revenue, in 3 years.

FinSMEs

01/02/2024