From one picture to the big picture! It all starts with your team snapping photos of invoices with their smartphones. We take it from there – every line item and every handwritten note is captured. We then integrate with your POS, so each day you know everything you bought and everything you sold, plus you get a rolling P&L with drill-down capability, and the invoice and sales data flows effortlessly to your accounting system.
In between, our solution:
- handles data-entry of all of your invoices
- updates pricing on your inventory sheets (food and beverage)
- updates ordering sheets
- keeps your recipes – prep and plated – prices up to date with a real time kitchen recipe viewer
- alerts you if the prices of key ingredients jump
- determines theoretical food and beverage cost/usage vs actual
We are currently working with 1000 restaurants in 34 states, from fast-casual to fine dining - Join Us!
In between, our solution:
- handles data-entry of all of your invoices
- updates pricing on your inventory sheets (food and beverage)
- updates ordering sheets
- keeps your recipes – prep and plated – prices up to date with a real time kitchen recipe viewer
- alerts you if the prices of key ingredients jump
- determines theoretical food and beverage cost/usage vs actual
We are currently working with 1000 restaurants in 34 states, from fast-casual to fine dining - Join Us!
Location: United States, Virginia, Falls Church
Employees: 201-500
Total raised: $72M
Founded date: 2015
Investors 6
| Date | Name | Website |
| 27.10.2021 | Schooner C... | schoonerca... |
| - | IrishAngel... | irishangel... |
| - | New Domini... | newdominio... |
| - | Thayer Inv... | thayerinve... |
| - | Vitalize V... | vitalize.v... |
| - | Branded Ho... | brandedstr... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 12.12.2022 | Series C | $45M | - |
| 13.09.2021 | Series B | $18M | - |
| 19.11.2020 | - | $4M | - |
| 28.10.2019 | Series A | $5M | - |
Mentions in press and media 30
| Date | Title | Description |
| 24.12.2024 | Blue J: AI-Based Tax Research Company Raises Series C | Blue J, a leading provider of generative AI-based tax research to accounting and tax professionals, announced its Series C funding round led by Ten Coves Capital. The funding will advance Blue J’s mission to transform tax research by delive... |
| 07.03.2024 | MarginEdge Partners with Mastercard to Support Restaurants in their Digitization Journeys | - |
| 08.12.2022 | The Week in Agrifoodtech: Grocery startup Oda bags $158m, new rounds for alt meat & restaurant tech | Despite losing its unicorn status, Norwegian online grocer Oda bagged a sizable round this week. Restaurant tech company MarginEdge and AgFunder portfolio company Black Sheep Foods also raised money, as did forest tech platform Gaia AI and ... |
| 08.12.2022 | Bill Payment, Restaurant Management Platform MarginEdge Secures $45M via Series C | MarginEdge, the restaurant management and bill payment platform, announced it has raised a $45 million Series C investment “led by Ten Coves Capital with participation from Fiserv, Derive Ventures, and all previous institutional investors.”... |
| 07.12.2022 | MarginEdge lands $45M to give restaurants real-time spend data | The global pandemic was tough on the restaurant industry, one that was already slow to adopt technology but then also had to quickly learn how to manage the back office and online orders or risk going out of business. As the global restaura... |
| 07.12.2022 | MarginEdge Secures $45 Million in Series C | ARLINGTON, VA, MarginEdge, a leading restaurant management and bill payment platform, announced it has raised a $45 million Series C. >> Click here for more funding data on MarginEdge >> To export MarginEdge funding data to ... |
| 07.12.2022 | MarginEdge Raises $45M in Series C Funding | MarginEdge, an Arlington, VA-based restaurant management and bill payment platform, raised $45M in Series C funding. The round was led by Ten Coves Capital, with participation from Fiserv, and Derive Ventures. The company intends to use the... |
| 24.09.2022 | Top B2B Alcohol Payment Solution, iControl, Partners with MarginEdge to Provide Clients a Smarter Solution for BOH Operations | JACKSONVILLE, Fla. (PRWEB) September 24, 2022 Leading B2B alcohol payment solution for the food and beverage industry, iControl, is excited to announce its partnership with MarginEdge, a top restaurant management software solution. This par... |
| 16.09.2021 | MarginEdge Raises $18M in Series B Funding | MarginEdge, a Fairfax VA-based restaurant management platform, raised $18M in Series B funding. The round was led by Schooner Capital with participation from Osage Venture Partners, Gordon Food Service’s innovation arm Relish Works and Nige... |
| 15.09.2021 | The Week in Agrifoodtech: US eyes $7.8bn ag research investment; Spiber, SpotOn & Halter raise | Spiber is valued at $1.22 billion following its latest fundraising round – while SpotOn hit a post-money valuation of $3.15 billion, according to reports. Elsewhere this week, the US Congress is planning a major spending spree on agricultur... |
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