$70-90k
+Pre-IPO equity
Infrastructure platform for independent restaurants
Open for applications
Infrastructure platform for independent restaurants
101-200 employees
Open for applications
$70-90k
+Pre-IPO equity
101-200 employees
To give independent restaurants the infrastructure tools they need to compete with larger corporations.
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To give independent restaurants the infrastructure tools they need to compete with larger corporations.
The Pandemic caused a major upheaval in the US restaurant industry. Smaller operations struggled to stay afloat amidst brick-and-mortar closures, and as the demand for home delivery soared their margins were tightened further by hefty third-party delivery app charges. Add to that the fact that consumers become customers of the delivery app, not the restaurant itself, and it’s a development that has spelt real trouble for independent locales. Owner has set out to level the playing field.
Owner’s platform provides independent restaurants with the infrastructure they need to take control of their business without deferring to third-party apps like GrubHub and Deliveroo. It offers marketing, online ordering, and support solutions to over 1,000 restaurants across the U.S. The company has taken impressive first strides, too: they have a 7 figure run-rate, over 105% monthly revenue retention, and helped restaurants avoid millions in online order platform fees.
It’s a hugely attractive proposition for independent business owners, and research suggests it’s a winning idea for consumers too. Over 60% say they’d prefer to deal with restaurants directly, but historically the infrastructure simply hasn’t been in place to do so. With Owner seeing impressive traction by tripling its customers between 2023 and 2024, it's unsurprising that its 2024 funding is being channelled into engineering and design teams, alongside the development of new tools.
Steph
Company Specialist at Welcome to the Jungle
Jan 2024
$33m
SERIES B
Mar 2022
$15m
SERIES A
Adam Guild
(CEO)Previously a Thiel Fellow, and named in the 2020 Forbes 30 Under 30 List.
Dean Bloembergen
(CTO)Previously Co-founder and CTO at Marble Technologies, went on to serve as an Advisor at Arch Mission Foundation.
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Intelligent people (1)
Team energy (1)
Growing fast (1)
Company culture is distinctive. Characterized by profuse gratitude, positivity, and pride in moving quickly. I’ve rarely seen it spoken; set via genuine behavior by cofounders. I spent 2 weeks consulting before joining and found they came by this honestly; it enables incredible and sustained execution speed. This engenders true confidence and excitement that the company will scale unendingly.
Operations & Strategy
Team energy
Feb 2022
Customers are signing up as fast as we can onboard them. We're almost entirely rate limited by the speed at which can recruit top talent.
Operations & Strategy
Growing fast
Feb 2022
People here make quality decisions twice as fast as the average top startup employee.
Operations & Strategy
Intelligent people
Feb 2022
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