Owner has raised $240 million in a Series D financing that values the restaurant technology company at $2.3 billion, giving it substantially more capital to pursue an ambitious goal: becoming the technology and marketing platform that effectively runs the digital side of an independent restaurant. Growth Equity at Goldman Sachs Alternatives led the financing, with existing …
Category Archives: Capital
Owner has raised $240M, reached a $2.3B valuation, and crossed $100M ARR.
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:To do the jobs for small business owners they’ve never been able …
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Uber Proposes Delivery Hero Takeover at €10 Billion Valuation
(Bloomberg) — Uber Technologies Inc. has offered to take over Delivery Hero SE in a deal that would value the German delivery company at about €10 billion ($11.6 billion) as it seeks to ramp up competition with DoorDash Inc. outside the US. Delivery Hero received an approach from Uber for €33 per share, and “remains …
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GIFTIFY, INC. Q1 2026: Revenue $21.36M, EPS $(0.08) — 10-Q Summary
GIFTIFY, INC. reported first-quarter 2026 results with revenue of $21.36M and a net loss of $(2.65M), or diluted EPS of $(0.08), reflecting a slight year-over-year revenue decline and an improvement in the net loss versus the prior-year quarter. Financial Highlights Business Highlights more
DoorDash Q4 2025
DoorDash made money again.The company reported on its Q4: 903M orders (+32% YoY), Marketplace GOV $29.7B (+39%), Revenue $4B (+38%), GAAP net income $213M (+51%). 1/ Agentic commerce question. An analyst asked Tony Xu – co-founder and CEO – whether AI agents could compress the discovery-to-checkout flow and erode DD’s position. Tony gave a bit …
Grubhub parent acquires restaurant rewards app Claim
The delivery platform will integrate Claim’s technology, which helps restaurants acquire high-value, long-term customers, within its platform later this year. Listen to the article3 min Dive Brief: Dive Insight: In 2025 — the first full year under Wonder’s ownership — Grubhub added tens of thousands of restaurants and now works with over 400,000 U.S. operators, CEO Howard …
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Grubhub parent acquires restaurant rewards startup Claim
Grubhub parent company, Wonder, announced that it has acquired Claim, a restaurant rewards app. Founded in 2021, Claim offers cash-back rewards for local restaurants that users can redeem for dine-in or pick-up orders. Restaurants partner with Claim to create promotions, boost foot traffic, and track performance insights through the Claim dashboard. The financial terms of the …
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CardCash Reports Strong November Growth Driven by Black Friday Demand Surge
SCHAUMBURG, IL, Dec. 11, 2025 (GLOBE NEWSWIRE) — Giftify, Inc. (NASDAQ: GIFT) (the “Company”), the owner and operator of CardCash.com, Restaurant.com, and Takeout7.com, and a leader in the incentives and rewards industry, today announced notable year-over-year growth for CardCash.com for November 2025, fueled by strong Black Friday demand, increased customer activity, and improved margin performance. CardCash …
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Delivery Hero Investors Said to Push for Sale, Divestments
Delivery Hero SE is facing pressure from several large shareholders to conduct a strategic review amid increasing consolidation in the food-delivery industry, people with knowledge of the matter said. Investors including Hong Kong hedge fund Aspex Management, which is Delivery Hero’s second-biggest shareholder with a stake of more than 5%, are pushing management to consider …
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Toast Q3, AI, Uber Partnership
LinkedIn: Toast reported a strong Q3 and put real weight behind product, AI, and a new Uber partnership that will matter for how restaurants run digital orders.Global POS players and regional incumbents should assume faster competitive pressure as Toast’s localized stack, AI features, and marketplace integrations roll into more markets. 1/ Footprint and customers~156,000 live …