Restaurant Business reported Restaurant365 cut about 9% of staff, reducing headcount from roughly 1,100 to 1,000 after missing growth targets; the cuts affected all departments.
SourcePublic company, workplace, funding, and market signals
Updated Jul 29, 2026
Restaurant365 is an Irvine-based private SaaS company that pioneered the Restaurant Enterprise Management (REM) category and provides an all-in-one cloud platform for restaurant accounting, inventory, workforce, payroll, and operations. It serves small businesses, multi-location groups, franchises, and accounting firms, with deep integrations across POS, vendors, banks, and restaurant-specific workflows.
Primary product
All-in-one restaurant enterprise management software platform
Founded
2011
Headquarters
Irvine, California, United States
Team size
501-1000
Work style
Flexible
Industry
Software Development
Sub-industry
Restaurant management software / restaurant enterprise management
Offices
Leadership
Co-Founder & Chief Executive Officer
Co-Founder & Chief Community Officer
Co-Founder & Chief Strategist
Mission-driven, collaborative, and restaurant-focused; public materials emphasize flexibility, empowerment, and the values 'Love Good Food,' 'Share Constructive Honesty,' 'Solve Problems, Together,' and 'Relentlessly Seek Greatness.'
Work style
Flexible
Compensation
No public salary bands were found; the main public compensation signal is a strong total-rewards package with equity/stock options, employer-paid benefits, 401(k) match, and development perks.
Benefits
Pricing
Custom quote; modular per-location SaaS subscription with no public fixed list pricing.
Differentiators
Technology
Estimated revenue
$100M-$150M
Estimated monthly visits
128.3K
Traffic estimate as of Jun 2026
Restaurant Business reported Restaurant365 cut about 9% of staff, reducing headcount from roughly 1,100 to 1,000 after missing growth targets; the cuts affected all departments.
SourceRestaurant365 acquired ExpandShare, an AI-powered learning management system; terms were undisclosed and ExpandShare's team and technology were integrated into R365.
SourceRestaurant365 · Jul 2026
R365's mid-year report said AI adopters reported lower food and labor costs, with survey data from 420+ operators across nearly 10,000 locations.
Restaurant365 · Jun 2026
Restaurant365 announced its 2026 customer conference in Scottsdale, with sessions focused on profitability, operations, AI, and product demonstrations.
Restaurant365 · May 2026
Restaurant365 launched R365 AI, an intelligence engine that turns unified accounting, inventory, labor, scheduling, and POS data into actions; the company said it would demo new AI capabilities at the 2026 National Restaurant Association Show.
Restaurant365 · Jan 2026
Business model
Jun 2019 · ICONIQ Capital
Mar 2019 · Bessemer Venture Partners
Jan 2018 · Bessemer Venture Partners
Chief Financial Officer
Chief Operating Officer
Chief Product Technology Officer
Chief Marketing Officer
Chief Customer Officer
Chief Product Officer
Preeya Patel
Senior Vice President, People
Stas Daszkiewicz
Vice President, Enterprise Technology & Data
Kelly Bryant
Chief of Staff
Investors
Customers
Competitors
Restaurant365 named Eric Cox as COO to strengthen operations, customer value delivery, and company growth.
Restaurant Business · Aug 2025
Restaurant Business reported Restaurant365 cut about 9% of staff after missing growth targets, reducing headcount from roughly 1,100 to 1,000.