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Margin Edge Co announced it raised $20.6 Million in an initial filing from an offering of $23.1 Million

PRIVATEJul 28, 202612 days ago

Amount Raised

$20.6 Million

Round Type

Venture - Series Unknown

Fairfax

Company Information

Company

MarginEdge Co

Location

Fairfax, Virginia, United States

About

From one picture to the big picture! It all starts with your team snapping photos of invoices with their smartphones. We take it from there – every line item and every handwritten note is captured. We then integrate with your POS, so each day you know everything you bought and everything you sold, plus you get a rolling P&L with drill-down capability, and the invoice and sales data flows effortlessly to your accounting system. In between, our solution: - handles data-entry of all of your invoices - updates pricing on your inventory sheets (food and beverage) - updates ordering sheets - keeps your recipes – prep and plated – prices up to date with a real-time kitchen recipe viewer - alerts you if the prices of key ingredients jump - determines theoretical food and beverage cost/usage vs actual We are currently working with over 3000 restaurants in all 50 states, from fast-casual to fine dining - Join Us!

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