MarginEdge Funding, Investors & Competitors

MarginEdge has raised $101M across 8 funding rounds, most recently a $21M undisclosed-stage round in July 2026.

Last MarginEdge funding round

$21M

Undisclosed stage · Jul 2026

Cumulative funding MarginEdge raised

$101M

across 8 funding rounds

Key investors in MarginEdge

  • IrishAngels
  • Osage Venture Partners
  • New Dominion Angels
  • Nigel Morris
  • In Good Company
  • Silicon Valley Bank
  • Branded Hospitality
  • VITALIZE Venture Capital

MarginEdge Overview

About MarginEdge

MarginEdge is a Bethesda-headquartered software provider for the restaurant industry, offering inventory tracking, cost management, and analytics platforms. The company integrates with point-of-sale systems like Toast and Square to automate invoice processing and waste logging for chains and independents. MarginEdge serves over 5,000 locations nationwide, partnering with suppliers such as Sysco and US Foods to streamline procurement and boost profit margins through AI-driven recipe costing.


Founded

2015

HQ

United StatesWashington, DC

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

MarginEdge Funding History

MarginEdge has raised a total of $101M across 8 funding rounds.

MarginEdge's first fundraising round was a $1M pre-seed round in January 2016. The most recent completed round was a $21M undisclosed-stage round in July 2026.

MarginEdge funding rounds

MarginEdge funding rounds
DateStageInvestorsRaisedDeal Summary
Jul 2026Undisclosed stage-$21MMarginEdge raised USD 45 million in a Series C funding round led by Ten Coves Capital, with participation from Fiserv, Derive Ventures, and all previous institutional investors. The round brought the company’s total funding to more than USD 70 million, and the capital was intended to support team expansion and further development of the core restaurant management and bill payment platform. MarginEdge is a Fairfax, Virginia-based restaurant management software company serving restaurants across 35 states and had recently reached 1,000 restaurant customers at the time of its earlier Series A; its platform focuses on digital cost management, invoicing, payments, inventory, and restaurant operations.
Dec 2022Series CTen Coves Capital (lead); IrishAngels; Derive Ventures; Fiserv$45MMarginEdge is a restaurant management and bill payment platform offering invoice processing, inventory management, recipe analysis, accounting, and integrations with over 50 POS and accounting systems like Gordon Food Service, 7shifts, and SpotOn. The company secured $45 million in a Series C funding round on December 7, 2022, led by Ten Coves Capital, with participation from Fiserv, Derive Ventures, and all previous institutional investors, bringing total funding to over $70 million. This followed an $18 million Series B in September 2022 led by Schooner Capital and a $5 million Series A in 2019. At the time of the Series C, MarginEdge served over 4,000 restaurants across the U.S. and Canada, processing $3 billion in annual invoices or $2.5 billion in purchasing via 80,000 weekly invoices. The company reported 100% year-over-year growth, high client retention (stickiness), and had nearly doubled its team to about 700 employees. CEO Bo Davis aimed to expand to 15,000 restaurants by 2024, citing a large addressable market and rapid adoption. Proceeds from the round were allocated to team expansion, enhancing real-time reporting, mobile app features, payment network growth, and core product functionality to address restaurant challenges like staffing and inflation. Investors highlighted MarginEdge's product quality, restaurant operations expertise, and massive market opportunity in restaurant technology amid a funding slowdown. The platform supports independent restaurants to chains, enabling actionable data and insights for operators and suppliers.
Sep 2021Series BSchooner Capital (lead); IrishAngels; New Dominion Angels; Nigel Morris; Osage Venture Partners; In Good Company$18MMarginEdge is a Fairfax, Virginia-based restaurant management platform founded in 2015 by industry veterans Bo Davis, Roy Phillips, and Brian Mills. The company provides software to digitize back-office operations, including invoice processing, inventory management, recipe analysis, budgeting, performance tracking, and supplier bill payments, serving independent restaurants, small chains, large franchises, and hospitality groups. At the time of the funding, it operated in over 2,400-2,500 restaurants across 47 states, processed 45,000 invoices weekly, and employed over 400 people across five countries and 29 states. In September 2021, MarginEdge raised $18 million in an oversubscribed Series B round led by Schooner Capital, with participation from Osage Venture Partners, Relish Works (Gordon Food Service’s innovation arm), Nigel Morris, and other existing investors. One source mentions an initial filing for $23.2 million, but announcements confirm $18 million raised. This brought total funding to over $35 million, following prior Series A and A2 rounds totaling about $7 million. Proceeds were allocated to accelerate growth, expand operations, enhance the platform, build the leadership team, invest in product development, data science, and new features like labor expense tracking introduced earlier in 2021. The company had recovered to pre-pandemic growth by September 2020 and targeted over 200% year-over-year growth by year-end 2021. Schooner Capital highlighted MarginEdge's rapid growth, market position, and service-oriented culture. MarginEdge competes in the restaurant management software space, addressing pain points like real-time cost visibility amid inflation impacts on sales, food, and labor. Later rounds included a $45 million Series C in December 2022, bringing total funding to nearly $80 million by 2024.
Oct 2020Series AOsage Venture Partners (lead); Relish Works; Branded Hospitality; IrishAngels; New Dominion Angels$5MMarginEdge is a Fairfax, Virginia-based restaurant management platform that digitizes back-office paperwork, streamlines operational data flow, and helps operators focus on culinary offerings and guest experiences. Founded by industry veterans Bo Davis and Roy Phillips, it serves independent restaurants, small chains, large franchises, and hospitality groups across 47 states. In November 2020, MarginEdge secured $4 million in an oversubscribed extension round led by Osage Venture Partners, with participation from Relish Works (Gordon Food Service's innovation hub) and repeat investors including IrishAngels and New Dominion Angels. This brought total funding to over $15 million. The capital supports accelerated product development, growth, and expansion amid industry challenges. At the time, MarginEdge had over 1,500 clients, processed well over 2 million invoices, and facilitated $2.5 billion in annual sales from clients. The company recovered to pre-pandemic growth levels and targeted over 200% year-over-year growth by year-end 2020.
Oct 2019Series AOsage Venture Partners (lead); IrishAngels; Center for Innovative Technology; Nigel Morris; Silicon Valley Bank; In Good Company$7MMarginEdge is a restaurant software platform that provides back-office operations solutions, including invoice processing, food and beverage tracking, and analytics, built by restaurant owners to address industry-specific challenges. The company raised $5 million in Series A funding on October 22, 2019, led by Osage Venture Partners, with participation from In Good Company and other restaurant owner investors including IrishAngels, Nigel Morris, Center for Innovative Technology, and Silicon Valley Bank. This round brought total funding to $10.4 million since launch. At the time of the Series A, MarginEdge had signed its 1,000th restaurant customer across 35 states, processed over 20,000 invoices weekly, and served restaurants with $2 billion in annual sales and $700 million in yearly purchasing data. The company reported a 94% twelve-month customer retention rate. Funds were allocated to develop the platform, expand geographically, and form new partnerships.
Mar 2019SeedIrishAngels; Nigel Morris; Tim McLaughlin; Geoff Tracy; Yohan Allender; Osage Venture Partners$3MMarginEdge, a restaurant management and bill payment platform founded in 2015 by restaurateurs Bo Davis, Roy Phillips, and Brian Mills, provides invoice processing, inventory management, recipe analysis, budgeting, performance tracking, and supplier bill payment capabilities. The company serves operators from single units to large franchise groups across the U.S. and Canada. A Seed VC - II round occurred on 3/21/2019 with investors including Osage Venture Partners, matching the specified investors Geoff Tracy, IrishAngels, Nigel Morris, Tim McLaughlin, and Yohan Allender.
Feb 2018SeedIrishAngels; New Dominion Angels; VITALIZE Venture Capital$2M-
Jan 2016Pre-seed-$1M-

Who has invested in MarginEdge?

17 investors have backed MarginEdge across its funding rounds, including IrishAngels, Osage Venture Partners, New Dominion Angels, Nigel Morris, In Good Company and Silicon Valley Bank.

Lead investors include Ten Coves Capital, Schooner Capital and Osage Venture Partners.


MarginEdge Investors

Investors in MarginEdge by funding rounds participated
InvestorHQRoundsRoleFirst check
IrishAngelsUnited StatesChicago, IL6ParticipantFeb 2018
Osage Venture PartnersUnited StatesPhiladelphia, PA4LeadMar 2019
New Dominion AngelsUnited StatesWashington, DC3ParticipantFeb 2018
Nigel MorrisUnited StatesWashington, DC3ParticipantMar 2019
In Good CompanySingaporeSingapore2ParticipantOct 2019
Relish WorksUnited StatesChicago, IL1ParticipantOct 2020
Branded HospitalityUnited StatesNew York City, NY1ParticipantOct 2020
Center for Innovative TechnologyUnited StatesWashington, DC1ParticipantOct 2019
Tim McLaughlinUnited StatesPhiladelphia, PA1ParticipantMar 2019
Derive VenturesUnited StatesSan Francisco, CA1ParticipantDec 2022
Schooner CapitalUnited StatesBoston, MA1LeadSep 2021
Ten Coves CapitalUnited StatesStamford, CT1LeadDec 2022
FiservUnited StatesUnited States1ParticipantDec 2022

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Acquisitions by MarginEdge

MarginEdge has acquired 1 company to date.

Last acquisition by MarginEdge was on March 19th 2024. MarginEdge acquired Freepour Beverage Management for undisclosed valuation.


Latest Acquisitions by MarginEdge

Freepour Beverage Management
Description
Freepour Beverage Management is a hospitality technology firm delivering bar inventory management systems. Its solutions emphasize speed, simplicity, accuracy, invisibility to patrons, and seamless POS system integrations across various venue types.
HQ CountryCanada
HQ City
Toronto
Deal Date19 Mar 2024
Valuationundisclosed
EV/Revenue
EV/EBITDA

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MarginEdge Competitors

MarginEdge competitors include listed companies like Toast and Shiji Group, and private ones like Chowbus, SpotOn, Restaurant365 and Meiwei Buyongdeng.

Public and private companies comparable to MarginEdge
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
ChowbusUnited StatesChicago, ILPrivate$120M-$4.2B35.0x
SpotOnUnited StatesSan Francisco, CAPrivate--$3.6B-
Restaurant365United StatesUnited StatesPrivate$100M-$1B10.0x
Meiwei BuyongdengChinaShanghaiPrivate--$628M-
ToastUnited StatesUnited StatesPublicly listed$6.2B$359M$18B2.3x
Shiji GroupChinaChinaPublicly listed$416M$21M$3.1B6.2x

MarginEdge Public Comps

MarginEdge is still privately-owned, but its public comps include McDonald's, Starbucks, Compass Group, Chipotle, Yum Brands, Restaurant Brands International, Restaurant Brands International LP, Darden Restaurants, Toast and Yum China.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
McDonald's$27B$15B8.5x8.2x15.7x15.0x
Starbucks$37B$4.7B3.5x3.4x27.4x22.0x
Compass Group$46B$4B1.3x1.2x15.3x11.9x
Chipotle$12B$2.3B4.0x3.7x20.5x20.4x
Yum Brands$8.2B$2.8B5.9x5.6x17.2x16.3x
Restaurant Brands International$9.4B$2.5B4.5x4.3x17.0x13.6x
Restaurant Brands International LP$9.4B$2.5B4.2x-16.1x-
Darden Restaurants$13B$2.1B2.2x2.2x13.8x13.5x

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Common questions about MarginEdge

When was MarginEdge founded?MarginEdge was founded in 2015.
Where is MarginEdge headquartered?MarginEdge is headquartered in Washington, DC, United States.
Is MarginEdge publicly listed?No, MarginEdge is a private, VC-backed company.
How much funding has MarginEdge raised?MarginEdge has raised $101M across 8 funding rounds.
What was MarginEdge's last funding round?MarginEdge's last funding round was a $21M undisclosed-stage round in July 2026.
Who are MarginEdge's investors?MarginEdge's investors include IrishAngels, Osage Venture Partners, New Dominion Angels, Nigel Morris, In Good Company, Relish Works, Branded Hospitality, Center for Innovative Technology, Tim McLaughlin, Derive Ventures and 7 others.
Which companies are comparable to MarginEdge?Companies comparable to MarginEdge include Chowbus, SpotOn, Restaurant365, Meiwei Buyongdeng, Toast and Shiji Group.
How many companies has MarginEdge acquired?MarginEdge has acquired 1 company, including Freepour Beverage Management.

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