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MarginEdge
Real-time data for restaurants
- 501-1000 employees
- Hospitality
- B2B
- SaaS
- Automation
- Virginia Square, Arlington, VA
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Company mission
To create a world where restaurant operators can focus on the business they love.
35% employee growth in 12 months
Our take
Restaurants are well known for being stressful and busy companies to run, with many businesses struggling with workflow, cost-tracking, and invoices (sometimes still operating with paper and spreadsheets). MarginEdge, a fintech and automation software company provides assistance in invoicing, inventory, bill paying, and ordering through its software and app.
Launched by restaurateurs and business founders, MarginEdge is backed by people who know what the sector needs to succeed. Their first hand experience has helped the company raise significant funding, also reflecting the growing investor interest in the restaurant tech market. MarginEdge is using its funding to scale its team and widen the functions of its products.
Steph
Company Specialist at Welcome to the Jungle
Company values
- We Value Teamwork
- We Listen
- We Are Passionate
- We Have Fun
- We Go Big, Or Go Home
Funding (last 2 of 7 rounds)
Dec 2022
$45m
SERIES C
Sep 2021
$18m
SERIES B
Total funding: $77.4m
Leadership
BO Davis
(Co-Founder and CEO)Currently Founder at Wasabi Co. Previously Economic Development at US Peace Corps, Founder and CEO of Prometheus - a Blackboard Inc offshoot.
Roy Phillips
(Co-Founder)Previously Joint Venture Partner at Bonefish Grill and Managing Partner at Outback Steakhouse.