Owner.com Raises $240M at $2.3B Valuation to Expand AI Platform for Restaurants

Quick Facts

• Owner.com closed a $240 million Series D led by Goldman Sachs, valuing the company at $2.3 billion.
• The restaurant management platform has surpassed $100 million in ARR and processed more than $1 billion in sales for independent restaurants this year.
• Owner plans to use the capital to expand internationally and move beyond restaurants into grocers, salons, and spas.

Owner.com Inc. has raised $240 million in a Series D round led by Goldman Sachs, pushing the restaurant software startup’s valuation to $2.3 billion. Meritech, Redpoint, Headline, and Benchmark partner Jack Altman also joined the round.

The funding more than doubles Owner’s valuation from the $1 billion it reached after its $120 million Series C in May 2025. The company launched in 2020 after pivoting from restaurant reservations to online ordering during the pandemic.

Co-founder and CEO Adam Guild started the company in 2018 after dropping out of high school at 16. He had already earned hundreds of thousands of dollars running a Minecraft server before founding Owner.

Platform Scale

Owner now powers more U.S. restaurant locations than Domino’s or Taco Bell. More than 100 million American consumers have used the platform, and independent restaurant owners will drive more than $1 billion in sales through it this year.

The company holds the top rating on both Capterra and G2 for restaurant technology. More than 83% of new customers now begin their journey inside an AI product on the platform.

Owner builds and runs a restaurant’s website, online ordering, mobile app, CRM, customer support, point-of-sale system, and AI phone ordering. AI agents manage each function automatically. Restaurants that launch on Owner grow online traffic by 40% on average within 30 days. The average restaurant grows direct online revenue by more than 40% in its first year.

AI Agents at the Center

Guild describes Owner as the AI chief marketing officer and chief technology officer for local businesses. When a restaurant owner asks to promote a menu item, Owner’s agents design the promotion, update the website, build the campaign, generate creative assets, and publish it.

The same agents answer phone calls, take orders around the clock, reply to reviews and emails, and handle customer support. Owner recently launched a POS system, putting it in direct competition with larger players like Toast, which counts only 6% of the roughly 860,000 U.S. restaurant locations as customers.

New products include Grader, which deploys agents to analyze and improve a restaurant’s digital presence, and Phone Agent, which handles call-in orders so staff can focus on in-person guests.

“The world is racing to build AI to replace people’s jobs,” Guild said. “Owner is building AI to do the opposite: to do the jobs many small business owners have never been able to afford.”

What Comes Next

Owner plans to use the new capital to onboard more restaurants, expand its platform internationally, and enter new verticals including grocery stores, salons, and spas. Guild called Owner “the ultimate compound startup, building the AI-native platform for agents to solve all of the problems local business owners have.”

The global AI agents market was valued at $5.26 billion in 2024 and is projected to reach $52.62 billion by 2030, according to MarketsandMarkets. Owner’s team includes former leaders from Shopify, DoorDash, Salesforce, and HubSpot, with more than 35 team members who are former founders.

Read more: Owner raises $240M for its restaurant management platform