MarginEdge Co.

MarginEdge Co. , based in the US, delivers advanced restaurant management software that enhances operational efficiency for restaurant owners through features like cost control and automated invoicing. Founded in 2015 and headquartered in Arlington, US, MarginEdge Co. specializes in restaurant management solutions.

The company was established by Bo Davis, Brian Mills, and Roy Phillips. In October 2022, MarginEdge raised USD 29. 44 mn in Series C funding led by Ten Coves Capital, with additional participation from Derive Ventures and Fiserv, Inc. The funding will support the expansion of its platform.

MarginEdge provides a comprehensive restaurant management software platform designed to streamline various operational aspects for restaurant owners. Its core offerings include food cost control, automated invoice processing, menu analysis, and back-office efficiencies. The software enables users to monitor daily profit and loss statements, track food usage and waste, and analyze menu item profitability through real-time data. MarginEdge serves a diverse client base in the restaurant industry, including single-location establishments and multi-unit groups across the US and Canada, and integrates with various accounting and point-of-sale systems.

Operating on a subscription-based revenue model, MarginEdge charges USD 330 per month per location for its standard service and USD 480 per month per location for the enhanced MarginEdge + Freepour package. The company has efficiently processed over 5 million invoices, indicating robust engagement from its clients, and maintains a steady revenue stream primarily from recurring monthly fees for its software services. In October 2022, MarginEdge Co. successfully raised USD 29.

44 mn in Series C funding, which will be utilized to expand its platform. The company aims to introduce new products and features designed to enhance operational efficiencies for its clients. This funding will facilitate further enhancements in its technology and potential geographic expansion, although specific new markets have not been detailed.