About Restaurant Magic
Restaurant Magic is a Consumer company based in Tampa (United States) founded in 1989, and was acquired by PAR Technology Corp in November 2019. Restaurant management software for operations and analytics is provided. It operates in the Consumer and Technology sectors. Restaurant Magic offers products and services including PAR POS™ Enterprise, PAR OPS, Punchh®, PAR Ordering, and PAR Pay. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants. Its competitors include SpotOn, Tillster and Olo; 3 of its 3 listed competitors have raised funding.
Company details
Restaurant Magic was founded in 1989 in Tampa, United States, and operates in the restaurant management software sector. A suite of tools is offered for food cost management, recipe handling, labor oversight, scheduling, catering event coordination with task management, and business intelligence for operational insights. These features support restaurant operations across various locations.
- Headquarters Tampa, United States
- Stage Acquired
- SectorsConsumerTechnology
- Website restaurantmagic.com
- Social LinkedIn X Facebook Instagram
- Acquired by PAR Technology Corp (Nov 2019)
- Investors
- Acquired byPAR Technology Corp
(Nov 2019)
Products & Services of Restaurant Magic
Restaurant Magic offers a comprehensive portfolio of products and services, including PAR POS™ Enterprise, PAR OPS, Punchh®, PAR Ordering, and PAR Pay.
Software for managing restaurant sales and transactions efficiently.
Tool for inventory and labor management in restaurants.
Platform for customer engagement and retention programs.
System for online and kiosk-based order processing.
Gateway for secure payment processing in restaurants.
Devices for point-of-sale and kitchen operations.
Display for real-time order tracking in kitchens.
Investors in Restaurant Magic
Restaurant Magic has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include PAR Technology Corp.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Omnichannel restaurant software solutions, including POS and payments, are provided. | 1978 | partech.com | New Hartford, United States |
Investor details for Restaurant Magic
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Timeline of Restaurant Magic
2 dated milestones of Restaurant Magic across 30 years, from founding to its latest funding, stage changes and deals.
- Founded Restaurant Magic is founded.
- Exit Acquired by PAR Technology Corp.
Competitors of Restaurant Magic
Restaurant Magic has 3 listed competitors in our database, 3 of them funded. They include SpotOn, Tillster and Olo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| spoton.com | 1999 | San Francisco, United States | $900M | 1,355 | Provider of cloud-based POS software solutions for businesses and service providers | |
| tillster.com | 2006 | San Diego, United States | $154.82M | SaaS solutions for restaurant online ordering and analytics are offered. | ||
| olo.com | 2005 | New York, United States | $73.61M | 39 | Olo is recognized as a restaurant technology platform provider. |
Detailed competitors of Restaurant Magic
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Web traffic of Restaurant Magic
Websites that share an audience with Restaurant Magic (restaurantmagic.com).
Websites whose visitors overlap most with Restaurant Magic. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| compeat.com | 36% | 4.9K | #3,485,386 | View details |
Top companies in Food & Beverage Platforms
3 companies that operate in the same segment as Restaurant Magic (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 | |
Restaurant operations are managed via a cloud-based platform. | 2011 | Boston, Massachusetts, United States | USD 900 M | USD 6.15 B | 8,021 |
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Related news about Restaurant Magic
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Frequently Asked Questions about Restaurant Magic
Restaurant Magic was founded in 1989.
Restaurant Magic is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Restaurant Magic was founded in 1989 in Tampa, United States, and operates in the restaurant management software sector. A suite of tools is offered for food cost management, recipe handling, labor oversight, scheduling, catering event coordination with task management, and business intelligence for operational insights. These features support restaurant operations across various locations.
Restaurant Magic offers PAR POS™ Enterprise, PAR OPS, Punchh®, PAR Ordering, and 3 more products and services.
Restaurant Magic has 1 investor. Key investors include PAR Technology Corp.
Yes. Restaurant Magic was acquired by PAR Technology Corp in November 2019.