Goldman Sachs Alternatives led the financing, with Meritech, Redpoint, Headline and Jack Altman also participating in the restaurant-technology company’s latest round.
Owner, the San Francisco-based technology company serving independent restaurants, has raised $240 million in a Series D financing led by Growth Equity at Goldman Sachs Alternatives, bringing the company to a reported $2.3 billion valuation.
Existing investors Meritech, Redpoint, Headline and Jack Altman also participated in the round, according to Owner. The company disclosed the Series D on August 28, 2026. The amount, round designation, valuation and investor group were also reported independently by SiliconANGLE.
Owner develops software for independent restaurants covering websites, direct online ordering, branded mobile applications, customer relationship management, marketing automation, point-of-sale functions and restaurant operations. The company is increasingly using artificial intelligence to automate work across that software stack.
In its Series D memo, Owner describes the platform as an agentic system that can run large numbers of tests and implement changes across customer digital properties without requiring restaurant owners to manage each individual decision. The company says the system uses data and AI to improve websites, ordering experiences and marketing workflows. Performance claims associated with those capabilities remain company-stated.
Owner said the financing will support its next stages of expansion. Its current strategy is to increase penetration among independent restaurants in the United States, expand its restaurant platform internationally and later extend the underlying system into other local-business categories such as salons, independent grocers and spas. These remain planned expansions rather than completed market entries.
The company was co-founded by Adam Guild, its CEO, and Dean Bloembergen, its CTO. Owner’s current professional profile lists the company as privately held, founded in 2020 and headquartered in San Francisco.
Owner also says it has surpassed $100 million in annual recurring revenue. The company has separately said more than $1 billion in restaurant sales will pass through its platform during 2026. That latter figure represents sales processed for restaurant customers rather than Owner’s own revenue.
The Series D follows a $120 million Series C in May 2025, co-led by Meritech and Headline, which valued Owner at $1 billion. In January 2024, Owner raised a $33 million Series B at a $200 million post-money valuation. TechCrunch reported at that time that the Series B brought Owner’s cumulative capital raised to $58.7 million.
