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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, 20253 months ago

Amount Raised

$120 Million

Round Type

series c

San FranciscoSoftware

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.

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