The funding is being led by ICONIQ Growth, with KKR and L Catterton also participating, all existing backers of the company.
This article first appeared in Axios Pro Rata.
Restaurant365, an Irvine, Calif.-based provider of restaurant management software, raised $175m. Iconiq Growth led, and was joined by fellow insiders KKR and L Catterton.
“Restaurant365’s growth is a testament to their ability to create powerful solutions that bolster operations, improve margins and empower the workforce at restaurant companies of all sizes,” said Will Griffith, Founding Partner of ICONIQ Growth. “We’re honored to participate in this incredible opportunity to help the restaurant industry succeed in a way that once seemed impossible.”
Read more in Axios Pro Rata.
Restaurant365 brings together accounting, operations, scheduling, and more in a flexible platform—empowering restaurants to choose the solutions they need and scale with confidence.
