MarginEdge, a leading restaurant management and bill payment platform, announced it has raised a $45 million Series C investment led by Ten Coves Capital with participation from Fiserv, Derive Ventures, and all previous institutional investors.

MarginEdge's mission is to create a world where restaurant operators can 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 and freeing restaurants to spend more time on their culinary offerings and guest experiences.