Owner.com grabs $33M Series B to improve online guest experiences for mom-and-pop restaurants

Jan 31, 2024•over 1 year ago

Amount Raised

$33 Million

San FranciscoSoftware

Investors

Transpose Platform ManagementActivant CapitalHorsley BridgeAltman CapitalRedpoint Ventures

Description

Owner.com raised $33 million in Series B funding on a $200 million post-money valuation, led by existing investors Redpoint Ventures and Altman Capital with participation from Horsley Bridge, Activant Capital, and Transpose Platform Management.

Company Information

Company

Owner.com

Location

San Francisco, California, United States

About

Owner.com helps local restaurants grow online with ease, providing a proven system that empowers them to compete—and win—against national chains. Rather than overwhelming businesses with disjointed tools, Owner.com delivers a streamlined platform tailored to the unique needs of independent restaurants. As the world continues to shift digitally, Owner.com is building the essential software local business owners rely on to succeed in the online era.

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Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech