Making online success easy for restaurants, using AI. Powering sites, online ordering, communications, CRM, and more. Arming owners to take on their goliaths.
Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR.
Goldman Sachs Alternatives led the round, joined by Meritech, Redpoint, Headline, & Jack Altman.
The world is racing to build AI to replace people’s jobs. Owner is building AI to do the opposite:
After leading the Agents team at Owner for the last year, I’m super excited to share what we’ve been cooking. Here’s how we've built Owner Agent 👇 https://t.co/S3k2yvfOCV
Owner’s Head of AI Developer Experience, Max Schwenk, writes about tsrs: a Rust port of TypeScript’s typechecker that cut our monorepo’s typecheck from 80 seconds to 7.
Cloudflare and VoidZero are taking over tsrs as part of Oxc, in close collaboration with the TypeScript team.
tsrs allows more us to run more agents working in parallel on our laptops and in our cloud sandboxes.
For Owner, these typecheck and lint changes are projected to save hundreds of thousands of dollars a year.
Across large TypeScript codebases, that could add up to hundreds of millions over time.
Load the menu slower and people buy less food. Faster page = more revenue, and now there's real data on it. Owner is a 776 co and this is the kind of unglamorous infra work that actually moves the needle for these small businesses.
https://t.co/dztcvo5Mfg
How we rebuilt our website infrastructure with @astrodotbuild and @Cloudflare, reduced menu-page loading time by 83%, and raised per-restaurant revenue by more than 4%.
https://t.co/QJuAAVeHjx
So exciting to see such a great company and industry partner achieve such success. Their product is key to the future of restaurants. Congratulations Adam!
Owner is the first board I ever joined after leading their A, and Adam is the founder who made me realize I wanted to be a full time investor.
Incredible execution fueled by genuinely loving their customers. So proud of these guys and they are just at the beginning.
Huge day, and so proud of the team hitting this milestone. More energized than ever by all the work we still have to do for our customers.
Local businesses are the lifeblood of our communities and it's an honor to serve them... back to it!
Is there a time when Adam is *not* thinking about small businesses?
Couldn't tell you
This is our apartment where we are surrounded by framed photographs of customers
This fundraising announcement is an absolute masterclass. It actually makes me want to root for an AI company. So clever to align the AI with the interests of local businesses versus big corporations.
Everyone founder should watch it.
Owner is using AI to give the local restaurant the marketing and tech firepower the big chains have always had. That's the tech I want to back, the kind that helps Main Street. Congrats @adamguild and team!! (Owner is a 776 co)
https://t.co/dbwyCkKhJM
stoked to share that after 15+ years away from the industry, i’m returning to work with restaurants… i joined @owner last week!
i worked in restaurants from 14 to 22, so this one feels super personal. i saw firsthand how locally-owned restaurants become pillars of their communities AND how insanely hard they are to run as businesses.
between big chains with massive marketing budgets and delivery apps taking a cut of every online order, owners today have even more to contend with.
that’s where we come in.
we help independent restaurants build stronger relationships with their customers, so they can compete with the big chains and keep more of what they earn.
very excited to work alongside @darrinhenein@AdamWhitcroft@AnthonyMenecola@jonminori and everyone else on this stacked team of 10.
we're hiring for both product and brand, so please reach out.