Owner.com
Websites, online ordering, apps and marketing for independent restaurants, sold as AI that does the work. Past $100M of recurring revenue and valued at $2.3B in August 2026.
Owner release via PR Newswire, Aug 28, 2026- Valuation
- $2.3B at the August 2026 Series D, up from $1B in May 2025 and $200M in January 2024.
- Raised
- About $419M sum of five sourced rounds from 2021 to 2026, all listed below.
- Revenue
- $100M+ ARR passed by August 2026, from about $1M in 2020. No profit figure published.
- Watch
- Two rival lawsuits ChowNow and Popmenu say Owner's comparison marketing and website grader mislead.
- AI
- Agents run the shop Owner's agents publish promotions, reply to reviews and emails, and take phone orders.
- Liquidity
- None reported no staff tender offer or secondary sale found; shares are not listed.
- Hiring
- 37 → 40 remote listings since Oct 10.
A flat monthly fee instead of a cut of each order.
Restaurants pay $249 a month plus 5% per order, or $499 a month with no per-order fee, month to month. Guests pay a 5% order support fee on both plans. Every plan includes the website, online ordering, a branded app, loyalty, and email and text marketing. Owner also sells a point-of-sale system. It does not publish a revenue split.
Owner pricing page, checked Nov 3, 2026- 1Cheaper than the delivery apps for the restaurantThird-party apps typically charge restaurants 20% to 30% per order. Owner charges a flat monthly fee, with an optional 5% per-order plan.Owner pricing page, Nov 2026; TechCrunch, Mar 2022
- 2Scale across many small sitesOwner says 100M+ US consumers have used its platform and it powers more US locations than Domino's or Taco Bell. Its sites run thousands of split tests to lift conversion.Forkast, Aug 29, 2026; Owner release, Aug 2026
- 3Its own marketing machineOwner reports a media audience of about 389K, up from 6K in 2022, free tools like its Grader, and 500+ customers who bought without a salesperson.Owner Series D memo, checked Nov 3, 2026
- DoorDash$77.6Blisted, Oct 30 close
- Block$45.8Blisted, Oct 30 close
- Owner.com$2.30BSeries D, Aug 28
- Olo$2.00Bprivate, Sep 12
Private values are the last reported round; they can be stale. Listed values are market value. Bars start at zero.
Every round, and what its terms give away.
Owner.com is private, so there is no share price. What its investors paid, and on what terms, is the closest thing to one.
- $2.30B
- latest valuation, Series D Aug 28
- $419M
- raised in all
- $100M
- ARR, as of Aug 28
Post-money valuations as reported. The line starts at zero. Rounds without a reported valuation are left off.
- Aug 28Series D$240M at $2.30BLed by Growth Equity at Goldman Sachs Alternatives. About 10% of the company, if all new sharesMeritech, Redpoint, Headline and Jack Altman joined. Not stated whether $2.3B is pre or post money.Owner release via PR Newswire, Aug 28, 2026
- May 13Series C$120M at $1.00BLed by Meritech and Headline (co-leads). About 12% of the company, if all new sharesFive times the value of a year earlier. Owner says six firms offered to lead within six days.Bloomberg via Bloomberg Law, May 13, 2025; Owner Series C memo
- Jan 31Series B$33M at $200MLed by Redpoint Ventures and Altman Capital (co-leads). About 17% of the company, if all new sharesPost-money $200M. Total raised reached $58.7M.TechCrunch, Jan 31, 2024
- Mar 3Series A$15M at $150MLed by Altman Capital. About 10% of the company, if all new sharesValuation from a TechCrunch editor's note. Jack Altman joined the board.TechCrunch, Mar 3, 2022
- Aug 31Seed$11MLed by SaaStr FundRedpoint and Day One Ventures joined. Redpoint later wrote that it led the seed; reports name SaaStr.TechCrunch, Aug 31, 2021
- Down round or flat round?No. The Series D at $2.3B is 2.3 times the $1B Series C of May 2025.Owner release via PR Newswire, Aug 28, 2026; Bloomberg, May 2025Clear
- How much of the company the last round soldAbout 10%: $240M at $2.3B, if that figure is post-money. The release does not say.Owner release via PR Newswire, Aug 28, 2026Clear
- Time since the last raiseAbout two months, since August 28, 2026. Rounds came every 15 to 16 months since 2024.Owner release via PR Newswire, Aug 28, 2026Clear
- Structured or unusual termsNone reported. No Form D found for Owner.com on SEC EDGAR company search, so terms cannot be checked there.SEC EDGAR company search, checked Nov 3, 2026Open
- Who led the last roundGoldman Sachs Alternatives, a new outside investor, which took a board seat. Existing backers followed.Owner Series D memo, checked Nov 3, 2026; Owner release, Aug 2026Clear
- Tender offers or secondary sales for staffNone reported. The Series D release and memo do not mention one, and press searches found none.Owner Series D memo, checked Nov 3, 2026Open
- Layoffs in the last 12 monthsNone found in news searches. The jobs board listed 50 open roles on Nov 3, 2026.Owner jobs board on Ashby, checked Nov 3, 2026Clear
Clear: checked, nothing found. Flag: found, with the source. Open: could not be checked.
No filing reported
What the record says, and what we think it means.
The fact is the source's. The read, in italics, is ours.
- 01Good
Value more than doubled in 15 months.
Owner release via PR Newswire, Aug 28, 2026Goldman Sachs Alternatives led a $240M round at $2.3B in August 2026, after $1B in May 2025 and $200M in January 2024.
Few restaurant software firms have grown value this fast. It also raises the bar a future sale or IPO must clear.
- 02Good
Recurring revenue passed $100M.
Owner Series D memo, checked Nov 3, 2026; Owner release, Aug 2026Owner says ARR passed $100M by August 2026. Its memo says ARR has more than doubled every year since it began.
Strong for a company selling to small restaurants. No profit or cash burn figure is public.
- 03Watch
ChowNow's ad claims survive in part.
Bloomberg Law, Jan 19, 2026In January 2026 a federal magistrate judge in Northern California let ChowNow pursue some false advertising claims over Owner's comparison marketing, and dismissed others.
Owner's sales pitch leans on head-to-head comparisons. A loss could force changes to that marketing.
- 04Watch
Popmenu suit over the Grader.
Forkast, Aug 29, 2026Forkast reports, citing Contrary Research, a pending Popmenu lawsuit over Owner's Website Grader tool.
The Grader is a lead source for Owner. We could not open the case filing or the original news report.
- 05Neutral
Remote-first, with two offices.
Owner job posting on Ashby, checked Nov 3, 2026Job posts say Owner is remote-first and headquartered in San Francisco (Palo Alto in 2021), with a Toronto sales hub. Toronto sales roles work in the office three days a week.
Sales and some marketing roles are tied to an office. Engineering and customer success are mostly remote, including Colombia, Costa Rica and Mexico.
- 06Neutral
Investors hold six of seven board seats.
Owner Series D memo, checked Nov 3, 2026The board lists Jack Altman, Jason Lemkin, Alex Bard, Shalini Rao, Harris Pollack (Goldman Sachs) and Alex Kurland, plus CEO Adam Guild.
Common for a venture-backed company at this stage. Investor directors usually shape timing of any sale or IPO.
- 07Watch
Customer counts vary by page.
owner.com/llms.txt, Owner job posts and memos, checked Nov 3, 2026The Series C memo said 10,000+ restaurants. Job posts say 20,000+ restaurant owners helped. The 2026 release says thousands of local businesses. Owner's llms.txt still cites $100M of orders and only a Series C.
Likely different definitions and stale pages, not a red flag. Ask a recruiter for the current paying customer count.
- 08Neutral
Plans beyond US restaurants.
Owner Series D memo, checked Nov 3, 2026; Owner release, Aug 2026Owner plans to expand to the UK, Canada, the EU and Australia, then to salons, spas and independent grocers.
A bigger market supports the valuation, but each new vertical is a new product to build and sell.
Engineering is paid 8% over market.
We save every company's roles, pay by team and level, AI share and churn every day, so each month this page can say more. Sparklines use their own scale.
Can AI agents do business with Owner.com?
We checked the agent payment programs, developer docs and site rules an AI assistant would meet.
Agents work for owners, not buyers. Owner's own AI agents run marketing and phones; no MCP server or agent ordering for outside AI found.
Still Remote read- YesIts own AI agentsOwner says its agents create and publish promotions, update websites, reply to reviews and emails, and answer phones to take orders.Owner release via PR Newswire, Aug 28, 2026
- Not foundAn MCP server or API outside agents can callNo MCP server, public API or developer docs found. owner.com/.well-known/mcp.json returns an error and llms.txt lists none.owner.com/llms.txt, checked Nov 3, 2026
- YesSite AI tools can readowner.com/llms.txt exists (about 18,000 characters) and maps products, pricing and case studies. Some facts in it are out of date.checked Nov 3, 2026
- YesLets AI crawlers read its siterobots.txt names no AI bots, so GPTBot and ClaudeBot fall under the general rule. It blocks only preview, dev and thank-you pages and a few landers.checked Nov 3, 2026
- AnnouncedCan an owner sign up through an agent?Owner says AI agents already help owners launch and that it is building full self-purchase. 500+ website-only customers bought without sales.Owner Series D memo, checked Nov 3, 2026
Where Owner.com puts AI to work.
- 1An agent-first customer journeyThe Series D memo describes an agent-first customer lifecycle in plain language and names a Head of AI Agents.Owner Series D memo, checked Nov 3, 2026
- 2Hiring for applied AI in back-office teamsOpen roles include applied AI leads in product analytics and sales analytics, and a lawyer for product and AI. The company is still hiring people, not cutting.Owner jobs board on Ashby, checked Nov 3, 2026
More listings than on Sep 9, led by engineering.
What has to be true for $2.3 billion to hold?
The starting revenue is Owner.com's own reported figure. A way to think, not a forecast, and not investment advice.
At 23x, Owner.com needs $100 million of revenue to be worth $2.3 billion. Your world gets there with $196 million, so the next round likely prices above the last.
$100,000 of equity valued at the $2.30B Series D price would be worth about $196,000 on paper in this world, before dilution from new rounds, taxes and vesting. Private shares only turn into cash at a sale, an IPO or a tender offer.
A way to think, not a forecast, and not investment advice.
Owner release via PR Newswire, Aug 28, 2026The signals, and which way they push.
- TailwindRestaurants want off delivery-app fees.
Third-party apps charge restaurants 20% to 30% per order. Owner sells direct ordering for a flat fee.
- TailwindFresh money from a big backer.
$240M from Goldman Sachs Alternatives in August 2026 funds expansion abroad and into other local businesses.
- HeadwindGiants sell to the same restaurants.
Toast serves about 140,000 locations. DoorDash bought SevenRooms for $1.2B and launched a commerce platform.
- HeadwindRivals are suing over its marketing.
ChowNow's false advertising case went forward in part in January 2026; a Popmenu suit is reported pending.
Where Owner.com ends up, if we had to bet.
Our calls, not facts. Each one is tied to something that already happened, so you can judge the reasoning.
- 1
Owner lists on a US exchange by 2032.
Coin flip 50%IPOARR passed $100M and it has a Goldman Sachs investor on its board. But it raised $240M just two months ago, so it has no near-term need for public money.
Owner release via PR Newswire, Aug 28, 2026; Owner Series D memo - 2
A larger restaurant or payments platform buys Owner by 2031.
Long shot 16%M&AThoma Bravo paid about $2.0B for Olo in 2025, below Owner's $2.3B mark. A buyer would need to pay above a price set for fast growth.
Thoma Bravo, Sep 2025; Owner release, Aug 2026 - 3
Owner sells to a second kind of local business, such as salons, by 2030.
Likely 72%New productsIts memo names salons, grocers and spas as phase three. The Series D was raised partly to do this.
Owner Series D memo, checked Nov 3, 2026 - 4
Most new Owner customers sign up and launch through its AI agent with no salesperson.
Coin flip 50%AIAgents already help owners launch and 500+ have self-purchased. But its sales team in Toronto is still growing.
Owner Series D memo, checked Nov 3, 2026; Owner jobs board - 5
Owner remains the largest direct-ordering platform built only for independent restaurants in 2031.
Coin flip 50%CompetitionIt says it powers more US locations than Domino's or Taco Bell. Toast, DoorDash and Square sell to the same owners with far more money.
Forkast, Aug 29, 2026
Read by the Still Remote research agent on November 3, 2026 from the sources linked on this page. Facts and scenarios only, not investment advice.