About Restaurant365
Restaurant365 is a company based in Irvine (United States) founded in 2011 by Morgan Harris, Tony Smith, and John Moody.. Restaurant365 has raised $283 million across 4 funding rounds from investors including KKR, Bessemer Venture Partners and L Catterton. The company has 163 employees as of December 31, 2020. Restaurant365 has completed 2 acquisitions, including Compeat and ExpandShare. Restaurant365 offers products and services including Accounting Software, Inventory Management, Workforce Management, and Payroll and HR. Restaurant365 operates in a competitive market with competitors including Toast, Olo, Zenput, Tillster and SpotOn, among others.
- Headquarter Irvine, United States
- Employees 163 as on 31 Dec, 2020
- Founders Morgan Harris, Tony Smith, John Moody
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Sectors
Consumer
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Email
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Phone
*********
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Website
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Social
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- Legal Name Dyn365, Llc
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Products & Services of Restaurant365
Restaurant365 offers a comprehensive portfolio of products and services, including Accounting Software, Inventory Management, Workforce Management, and Payroll and HR. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tools for automated accounting and financial reporting in restaurants.
System for tracking inventory and purchasing to control costs.
Platform for scheduling, training, and employee communication.
Solutions for hiring, onboarding, and payroll processing.
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Funding Insights of Restaurant365
Restaurant365 has successfully raised a total of $283M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $175 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series C — $175.0M
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First Round
First Round
(18 Jan 2018)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2023 | Amount | Series C - Restaurant365 | Valuation | Iconiq Capital | |
| Jun, 2019 | Amount | Series C - Restaurant365 | Valuation | Iconiq Capital | |
| Jun, 2019 | Amount | Series C - Restaurant365 | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Restaurant365
Restaurant365 has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include KKR, Bessemer Venture Partners and L Catterton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Multiple sectors are invested in by this private equity firm.
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Founded Year | Domain | Location | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Provider of investment management and real asset services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Restaurant365
Restaurant365 has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Compeat and ExpandShare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Cloud-based LMS platform for collaborative learning
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2008 | ||||
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Cloud-based ERP solutions for restaurant operations are offered.
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2000 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Restaurant365
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Restaurant365 Comparisons
Competitors of Restaurant365
Restaurant365 operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, Olo, Zenput, Tillster and SpotOn, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
SaaS software for restaurant payments and order management is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Restaurant365
Frequently Asked Questions about Restaurant365
When was Restaurant365 founded?
Restaurant365 was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Where is Restaurant365 located?
Restaurant365 is headquartered in Irvine, United States. It is registered at Irvine, California, United States.
Who is the current CEO of Restaurant365?
Tony Smith is the current CEO of Restaurant365. They have also founded this company.
Is Restaurant365 a funded company?
Restaurant365 is a funded company, having raised a total of $283M across 4 funding rounds to date.
How many employees does Restaurant365 have?
As of Dec 31, 2020, the latest employee count at Restaurant365 is 163.
What does Restaurant365 do?
Restaurant365 was established in 2011 and is headquartered in Irvine, United States. Software solutions for the restaurant sector are developed and provided, covering order management, inventory control, catering operations, recipe costing, franchisee monitoring, accounting processes, and financial reporting. These integrated tools support daily restaurant functions and back-office tasks across various business scales.
Who are the top competitors of Restaurant365?
What products or services does Restaurant365 offer?
Restaurant365 offers Accounting Software, Inventory Management, Workforce Management, and Payroll and HR.
How many acquisitions has Restaurant365 made?
Restaurant365 has made 2 acquisitions, including Compeat, and ExpandShare.
Who are Restaurant365's investors?
Restaurant365 has 5 investors. Key investors include KKR, Bessemer Venture Partners, L Catterton, Iconiq Capital, and Tiger Global.