citybiz+ Owner Raises $240M to Expand AI Software Platform Beyond Restaurants
Summary
Owner raised $240 million in a financing round led by Goldman Sachs Alternatives at a $2.3 billion valuation. The company builds AI software for restaurants that covers websites, online ordering, marketing, customer management, point-of-sale, and phone orders. Owner says it has passed $100 million in annual recurring revenue and that thousands of local businesses already use its platform. The new capital will help the company expand beyond restaurants into other small business categories such as grocers and salons.
Funding
Amount
$240.0M
Total raised
Date
August 31, 2026
Announcement date
Investors
Infinity Ventures Japan, Goldman Sachs, Redpoint Ventures
Lead investors
Company
owner.com
Funded company
AskAI Classifications
Sectors
Hospitality and Travel
Retail and Commerce
Restaurant Management
Functions
Marketing and Advertising
Marketing Automation
Linked Companies
Owner.com Inc
$10M to $25M