AI Startup Owner Raises $240M in Funding Round

Owner, a San Francisco, CA-based provider of an AI-powered technology and marketing platform for local businesses, has raised $240 million in a funding round led by Growth Equity at Goldman Sachs Alternatives.

The round also saw participation from Meritech, Redpoint, Headline, and Jack Altman.

The company plans to use the capital to serve independent restaurants across the U.S., expand internationally, and bring its AI platform to more local businesses.

Funding Snapshot

About Owner

Founded in 2020 by Adam Guild, Dean Bloembergen, Owner acts as an AI-powered CMO and CTO for local businesses, helping them build and manage their technology and marketing operations through automated AI agents.

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Owner has raised significant capital from investors including Goldman Sachs Alternatives, Meritech, Redpoint, Headline and Jack Altman. The latest $240 million funding round follows strong business growth, with the company surpassing $100 million in ARR.

Core offerings include:

• Website and online ordering
• Mobile apps and CRM
• POS and customer support
• AI-powered phone ordering

Core Technologies / Products / Services