MarginEdge: Secures $4M In Funding

  • MarginEdge, a Fairfax, Va.-based restaurant management platform, secured $4m in additional funding
  • The round, which brings MarginEdge’s funding to date to over $15m, was led by Osage Venture Partners with participation from Relish Works and repeat investors
  • The company intends to use the funds for accelerated product development and investment in continued growth and expansion
  • MarginEdge provides smart technology to assist restaurants with financial and operations management
  • Through real-time data analysis, the platform allows restaurants to accurately look at up-to-the-minute costs, revenue streams
  • Today, the company services over 1,500 independent restaurant clients in 37 states
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

SMBC Winds Down Digital US Bank Jenius, Impacting Customers

The closure illustrates the challenges facing digital banks in the US.Highlights: SMBC announces the closure of its US...

Scammers Impersonate NAB Trade’s Tom Piotrowski to Endorse Fraudulent Investments

NAB Trade warns investors about the ongoing impersonation scams targeting clients.Highlights: Scammers are impersonating Tom Piotrowski from NAB...

Bermuda Strengthens Onchain Economy with New Regulatory Framework

Government seeks to attract blockchain innovation and investment.Highlights: Bermuda introduces new regulations to boost its onchain economy.The framework...

Australia Tightens Cash Acceptance Rules for Retailers

New regulations will impact how retailers handle cash transactions.Highlights: Australia introduces stricter cash acceptance rules for retailers.The new...