What is MarginEdge?
Founded in 2015 and headquartered in Fairfax, Virginia, MarginEdge provides a comprehensive restaurant management platform designed to automate critical back-of-house operations. The system connects disparate software, streamlining key activities such as inventory management, cost tracking, ordering, and recipe standardization. By centralizing these functions, MarginEdge empowers restaurants to gain greater control over their finances and operational workflows, driving efficiency and profitability in a competitive market.
How much funding has MarginEdge raised?
MarginEdge has raised a total of $74.8M across 6 funding rounds:
Angel/Seed
$2.5M
Series A
$5M
Debt
$350K
Unspecified
$4M
Series B
$18M
Series C
$45M
Angel/Seed (2019): $2.5M with participation from Irish Angels and Osage Venture Partners
Series A (2019): $5M led by In Good Company and Osage Venture Partners
Debt (2020): $350K supported by PPP
Unspecified (2020): $4M featuring Relish Works Inc and Osage Venture Partners
Series B (2021): $18M backed by IGC Hospitality
Series C (2022): $45M with participation from Fiserv and Ten Coves Capital
Key Investors in MarginEdge
Osage Venture Partners
Osage Venture Partners is a venture capital firm specializing in early-stage B2B software companies, focusing on the future of work and education. They invest in post-revenue businesses and partner with entrepreneurs demonstrating deep domain expertise and growth potential.
Fiserv
Fiserv is a global provider of financial services technology, offering a wide range of solutions including payments, account processing, and risk management for financial institutions and merchants.
Ten Coves Capital
Ten Coves Capital invests in companies transforming the financial ecosystem, focusing on businesses that are re-imagining and re-wiring financial services to drive change and innovation.
What's next for MarginEdge?
The recent major strategic investment signals a new phase of expansion for MarginEdge. This capital infusion is expected to fuel further development of its platform, enhance its market reach, and potentially explore new integrations or service offerings. Given the company's focus on enterprise-level solutions and its consistent funding history, MarginEdge is well-positioned to solidify its leadership in the restaurant tech space, likely targeting further scaling and innovation to meet the evolving demands of the industry.
See full MarginEdge company page
