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MarginEdge

4200 Wilson Blvd., Suite 1100, Arlington, VA, 22203, United States

Overview

Founded in 2015 and headquartered in Arlington, VA, MarginEdge provides an AI-driven platform that connects restaurants’ accounting and point-of-sale systems and automates invoice data capture and reporting. The company processes about 300,000 invoices per week across roughly 12,000 restaurants, including customers such as Cava and Maman. MarginEdge employs a human-in-the-loop model to ensure data accuracy, supporting a workforce of roughly 900 people (about 300 in the U.S. and 600 overseas). It sells both software and hardware, including scales that upload inventory weights to the platform, and has integrated with chatbot tools like Claude and ChatGPT. Upcoming product releases include “Smart Prep,” which uses historical sales data to guide food prep and reduce waste. The company has raised approximately $162 million in total funding to date.

Total raised
$158M
Funding rounds
8
Latest round
Series C
Latest activity
Dec 2022

Industries

  • Analytics
  • Food and Beverage
  • Restaurants
  • Software
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Recent funding

  1. Series C

    Dec 2022

    $45M

  2. Series A

    Nov 2020

    $4M

  3. Series A

    Oct 2019

    $5M

  4. Seed

    Mar 2019

    $3M

  5. Seed

    May 2018

    $4M

Team

  • Bo Davis

    Co-Founder & CEO

    LinkedIn
  • Roy Phillips

    Co-Founder & Client Services

    LinkedIn
  • Tara Clever

    Chief Revenue Officer

    LinkedIn
  • Amy Kurth Anderson

    Vice President of Human Resources

    LinkedIn