Tech supplier Owner.com has raised $120M in a Series C funding round, achieving a $1B valuation. Led by Meritech's Alex Kurland and Headline's Shalini Rao, the funds will support the company's growth and AI initiatives.
May 14, 2025•3 months ago
Amount Raised
$120 Million
Round Type
series c
Investors
Brett SchulmanJonathan NemanShalini RaoAlex Kurland
Description
Owner.com, a provider of websites and online tools for local restaurants, has secured $120 million in a Series C funding round, lifting its valuation to $1 billion. The round was led by Alex Kurland from Meritech Capital and Shalini Rao from Headline, with participation from industry leaders. The investment aims to help the company scale its operations and enhance its offerings in artificial intelligence. Owner offers digital marketing solutions and aims to empower small restaurants amidst growing online transactions.
Funding Insights
Based on industry dataVC-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