Fantuan acquired Chowbus's food-delivery business line; financial terms were undisclosed. Chowbus retained and refocused on restaurant SaaS and POS. TechCrunch reported that about 20 delivery employees would join Fantuan.
SourcePublic company, workplace, funding, and market signals
Updated Aug 5, 2026
Chowbus is a Chicago-founded restaurant-technology company that began as an Asian-food delivery marketplace and pivoted into a full-stack SaaS/POS platform for culturally rooted independent restaurants. It provides restaurant operating, ordering, payments, marketing, analytics and emerging AI tools, with operations focused on the U.S. restaurant market.
Primary product
Chowbus POS: an all-in-one restaurant operating platform covering POS hardware/software, online and QR/tablet/kiosk ordering, KDS, delivery integrations, payments, loyalty/CRM, reviews, reservations/waitlist, employee and multi-location management, and AI-enabled marketing/operations.
Founded
2016
Headquarters
Chicago, Illinois, United States
Team size
Approximately 100–203; public sources conflict (143 company-profile estimate, 190 PitchBook estimate, and 203 as of June 2026).
Work style
Flexible
Industry
Technology, Information and Internet
Sub-industry
Restaurant technology / POS and restaurant-management SaaS
Offices
Business model
Leadership
Co-Founder & CEO
Co-Founder & CTO
Xiaolei Gu
Senior Vice President of Engineering
Hao Shen
Head of Partnerships
Steven M
Head of Restaurant Technology
Terry Cai
VP of Key Accounts
Joel Stump
VP of Sales Strategy & Operations
Public materials emphasize ownership, customer obsession, teamwork, empathy for restaurant operators, multilingual/culturally aware service, and high-touch partnership with independent restaurant owners. Current recruiting signals show both in-person market-development roles and remote customer-success/systems roles, suggesting a flexible but role-dependent model.
Work style
Flexible
Compensation
A current Greenhouse posting lists $130,000–$160,000 for a remote GTM Systems Lead role. Other compensation data was not publicly verified.
Benefits
Pricing
Quote-based restaurant SaaS/POS pricing; public materials promote packages and sales contact rather than a standard public price list. Hardware, payments, integrations and add-on services may be separately priced.
Differentiators
Technology
Estimated revenue
Approximately $50M–$60M based on company-profile/LinkedIn-derived estimates; Chowbus separately reported $120M+ ARR in March 2026, so public estimates are inconsistent and may reflect different revenue definitions or dates.
Fantuan acquired Chowbus's food-delivery business line; financial terms were undisclosed. Chowbus retained and refocused on restaurant SaaS and POS. TechCrunch reported that about 20 delivery employees would join Fantuan.
SourceChowbus exited the delivery space entirely by 2024 and concentrated on restaurant technology. This is a material strategic pivot, not a reported shutdown of the company.
SourceChowbus · May 2026
The company presented an AI Digital Worker strategy and product upgrades across its restaurant platform, with the CEO and CTO describing deeper AI integration into restaurant operations.
Chowbus · Mar 2026
Chowbus announced an $81M Series E led by Prysm and Left Lane, reporting $120M ARR and approximately $4B annualized processed volume, and outlined expansion into AI-driven marketing, accounting, supply ordering and insurance.
PR Newswire / Chowbus · Sep 2025
Chowbus reported $120M+ ARR and $4B+ processed volume after pivoting from delivery to restaurant technology; cited Jiang Nan and Chubby Group as early adopters.
Pulse 2.0 · Aug 2025
Linxin Wen discussed Chowbus's evolution from delivery app to POS and restaurant operating platform, products, culturally rooted customers, and plans to reach 50,000 restaurants by 2028.
70 jobs at Chowbus
Dec 2022
Aug 2022
Jul 2022
Oct 2020
Jul 2020 · Altos Ventures and Left Lane Capital
Jan 2019 · Greycroft
Brian Boise
Director of FP&A
Min Ma
Senior Director of Finance
Customers
Competitors
TechCrunch · Jan 2024
Fantuan acquired Chowbus's delivery business; terms were undisclosed, and Chowbus shifted focus to restaurant-management software and POS.