Restaurant365
Cloud-based restaurant management software that combines accounting, inventory, scheduling, payroll and HR for restaurant operators, franchises and multi-unit groups.
Restaurant365 sells an all-in-one SaaS platform covering restaurant accounting, operations, workforce management and analytics. It integrates with POS systems, vendors and banks, and it has added AI features to automate routine tasks. Customers include small restaurant businesses, multi-location groups, franchise brands, enterprises and accounting firms. LinkedIn says more than 40,000 restaurants use it. It raised $175M in May 2024 in a round led by ICONIQ Growth, after a $135M round in 2023 that reportedly valued it at about $1B. Its investors include KKR, L Catterton, Bessemer and Serent. Third-party headcount estimates range from about 900 (PitchBook) to 501–1,000 (Crunchbase/LinkedIn).
