MarginEdge, founded in 2015, is revolutionizing restaurant operations with its innovative technology platform that facilitates real-time data collection and analysis. With its engaging slogan, “Delivering real-time data to restaurants to make timely, critical decisions,” the company empowers restaurant owners to streamline their operations by integrating vital data from invoices and point-of-sale systems, allowing them to manage inventory, pricing, and food costs efficiently.
Utilizing a simple, intuitive process where staff snap photos of invoices, MarginEdge captures and processes data to provide rolling P&L updates and seamless integration with existing accounting systems. Presently, the company services over 7,000 restaurants across all 50 states, ranging from fast-casual to fine dining establishments.
In December 2022, MarginEdge raised a $45.00M Series C investment with participation from IrishAngels, Derive Ventures, Fiserv, and Ten Coves Capital. This funding underscores investor confidence in its growth potential and the scalability of its comprehensive data solutions.