Restaurant365

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

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

Irvine, CA (HQ)

Austin, TX

Akron, OH

Mexico City, Mexico

Palestine

Business model

B2B SaaS

per-location subscription

module-based licensing

enterprise software

Funding

Stage

Series E

Total raised

$437.5M

Latest round

Series E · May 2024

Latest amount

$175M

Series E

May 2024 · ICONIQ Growth

$175M

Series D

May 2023 · KKR and L Catterton

$135M

Series C

Jun 2019 · ICONIQ Capital

$88M

Series B

Mar 2019 · Bessemer Venture Partners

$19.5M

Series A

Jan 2018 · Bessemer Venture Partners

$20M

People & investors

Leadership

Tony Smith

Co-Founder & Chief Executive Officer

Morgan Harris

Co-Founder & Chief Community Officer

John Moody

Co-Founder & Chief Strategist

Jessica Lanier

Chief Financial Officer

Eric Cox

Chief Operating Officer

Ryan Polk

Chief Product Technology Officer

Mark Grilli

Chief Marketing Officer

Kate Hastings

Chief Customer Officer

Steve Demchuk

Chief Product Officer

Preeya Patel

Senior Vice President, People

Stas Daszkiewicz

Vice President, Enterprise Technology & Data

Kelly Bryant

Chief of Staff

Investors

Bessemer Venture Partners

Tiger Global Management

Work & culture

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

100% paid medical, dental, and vision for full-time employees

401(k) with employer match

stock options

health savings accounts (HSA)

flexible spending accounts (FSA)

annual learning and development reimbursement

LinkedIn Learning access

employee recognition and TIP program

fertility guidance and support

paid parental leave

disability insurance

pet insurance

life insurance

wellness programs

gym discounts and virtual fitness classes

Product & market

Pricing

Custom quote; modular per-location SaaS subscription with no public fixed list pricing.

Differentiators

—Pioneered the Restaurant Enterprise Management (REM) category
—Unified accounting, inventory, workforce, payroll, and operations in one cloud platform
—Deep POS, vendor, and bank integrations with open APIs
—R365 AI trained on the full restaurant P&L
—Built for restaurant-specific workflows rather than generic ERP
—Scales from single-location operators to enterprise and franchise groups
—Large partner ecosystem with hundreds of vendor, technology, and service partners
—Mobile app support and multilingual collaboration features

Technology

GitHub

Microsoft Azure

Salesforce

Zendesk

Gainsight

Looker

6sense

ServiceNow

Freshdesk

HubSpot

Intercom

Pendo

Terraform

Kubernetes

Snowflake

Power BI

ADP

Confluence

Asana

Workato

Customers

small businesses

multi-location groups

franchise brands

accounting firms

GPS Hospitality

Black Rock Coffee Bar

Villa Restaurant Group

Taco John's franchisees

Five Guys franchisees

Carl's Jr. franchisee SDC Restaurants

IHOP franchisees

Jimmy John's franchisees

Ultra Steak

Burger King operators

Competitors

MarginEdge

Crunchtime

MarketMan

Toast (xtraCHEF)

QuickBooks Online

Sage Intacct

NetSuite

Scale & contact

Estimated revenue

$100M-$150M

Estimated monthly visits

128.3K

Traffic estimate as of Jun 2026

(949) 652-7800

Signals & risks

Layoff

Aug 2025

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.

Source

Acquisition

Apr 2024

Restaurant365 acquired ExpandShare, an AI-powered learning management system; terms were undisclosed and ExpandShare's team and technology were integrated into R365.

Source

Latest news

Restaurant365 Research Identifies a New Restaurant Profitability Gap: Operators Using AI Are Pulling Ahead

Restaurant365 · 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 Announces Transform 2026: Helping Restaurant Leaders Drive Profitability in the Age of AI

Restaurant365 · Jun 2026

Restaurant365 announced its 2026 customer conference in Scottsdale, with sessions focused on profitability, operations, AI, and product demonstrations.

Restaurant365 Introduces R365 AI, the Only Intelligence Engine Built on the Full Restaurant P&L

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.

Veteran Technology Executive Eric Cox Joins R365 as Chief Operating Officer

Restaurant365 · Jan 2026

Restaurant365 named Eric Cox as COO to strengthen operations, customer value delivery, and company growth.

Tech supplier Restaurant365 lays off 9% of staff

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.

Jobs and careers at Restaurant365

33 jobs at Restaurant365

Instructional Video Designer

Hybrid

Customer Success

Austin, TX/Akron, Ohio/Irvine, CA; SF Bay Area/Northern California

1w ago

Hybrid

Full-time