Owner.com has collected $240M in a Series D led by Goldman Sachs that puts a $2.3B price tag on the restaurant software maker.
Meritech, Redpoint, Headline and Jack Altman, the Benchmark partner and brother of OpenAI’s Sam Altman, joined the round. Owner said annualized recurring revenue cleared $100M before the raise.
The startup arms independent restaurants with the digital stack of a national chain: AI-generated websites with menus and catering forms, prompts that steer diners toward positive Google Maps reviews, synced listings on Uber Eats and Yelp, and a branded ordering app that dodges third-party delivery fees.
Its hardware line spans the Kitchen Tablet for in-venue orders and gift cards plus a point-of-sale system that pushes upsell offers. AI takes phone orders and cooks up promotional campaigns for best-selling menu items.
Chief executive Adam Guild argues the platform finally levels the field between independents and giants: “Now, for the first time, local restaurants have the same tech advantages as the huge chains they compete with.”
The cash funds more restaurant onboarding, a push into grocery and an international rollout as Owner chases an AI-native platform for every local business.
