Marginedge Lands $45M To Give Restaurants Real-Time Spend Data

Marginedge Lands $45M To Give Restaurants Real-Time Spend Data

12/07/22, 1:01 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgfairfax
Money raised
$45 million
Industry
restaurants
hospitality
Investors
Derive Ventures, Ten Coves Capital
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.

Company Info

Company
MarginEdge
Location
4401 fairfax dr, suite 311
fairfax, virginia, united states
Additional Info
MarginEdge’s mission is to create a world where restaurant operators can focus on great food and great service. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office and freeing restaurants to spend more time on their culinary offerings and guest experiences. The platform offers market-leading invoice processing, inventory management, recipe analysis, budgeting, performance tracking and supplier bill payment capabilities. Founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high-impact product that resonates across the hospitality industry.

Related People