Markets
Owner Raised $240M at $2.3B to Sell Restaurants One Platform Instead of Seven, and Says It Now Powers More US Locations Than Domino's
Owner announced on August 28 a $240M round led by Growth Equity at Goldman Sachs Alternatives at a $2.3B valuation, with Meritech, Redpoint, Headline and Jack Altman participating, and disclosed passing $100M ARR. The product consolidates websites, online ordering, mobile apps, CRM, customer support, POS and AI phone ordering into a single subscription, positioning itself as the 'AI CMO and CTO' for local businesses. Its valuation went from $1B in May 2025 to $2.3B, and it claims more US locations than Domino's or Taco Bell.
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