FAIRFAX, VA, Leading Restaurant Management platform, MarginEdge announced that it has secured $4 million in additional funding in an oversubscribed round.
MarginEdge announced that it has secured $4 million in additional funding in an oversubscribed round, signaling strong growth despite a reeling industry. Osage Venture Partners led the round with a new investment from Relish Works, the innovation hub for Gordon Food Service - the largest family-operated broadline food distributor in North America. Putting best-in-class tools and technology in the hands of restaurant operators is central to their mission - and among a rapidly growing field of restaurant tech, MarginEdge emerged as a clear leader. Relish Works sees this not only as a strong financial investment in a high growth software company, but as an opportunity to put the best-in-class features of MarginEdge in the hands of customers.
MarginEdge's mission is to create a world where restaurateurs focus on the business they love. By using best-in-class technology to eliminate unproductive paperwork and streamline the flow of operational data, MarginEdge is reimagining the back office, allowing restaurants to focus more on culinary offerings and guest experiences. Based in Fairfax, Va. and founded by industry veterans, MarginEdge serves a diverse group of operators from single units and small chains to large franchise and hospitality groups, providing a high impact product that resonates across the hospitality industry.
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