How Much Did Restaurant Manager Raise?
Funding & Key Investors

Restaurant Manager, a provider of point-of-sale (POS) software solutions for the foodservice industry, has secured significant capital, with total funding reaching $330K. The company recently announced a major strategic investment of $180K, underscoring its established market presence and ongoing growth trajectory. This latest financing round signals a pivotal moment for the Silver Spring, Maryland-based firm, which has been a fixture in the restaurant technology landscape since its founding in 1987.

What is Restaurant Manager?

Restaurant Manager
SoftwareFinancial Software

Action Systems, Inc., the entity behind the Restaurant Manager POS system, offers open-architecture software tailored for the demanding needs of the restaurant and foodservice sectors. With a robust network of over 150 value-added resellers spanning the United States, Canada, Mexico, South America, Asia, and Europe, Restaurant Manager has demonstrated a consistent ability to adapt and expand its product line. Its solutions cater to a diverse range of foodservice operations, including table service, nightclubs, bars, pizza delivery, quick service, and large chain establishments, positioning it as a comprehensive technology partner.

How much funding has Restaurant Manager raised?

Restaurant Manager has raised a total of $330K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$180K

Debt (2020): $150K with participation from PPP

Debt (2021): $180K led by PPP

What's next for Restaurant Manager?

The recent large-scale, late-stage funding, characterized as a major strategic investment, suggests Restaurant Manager is poised for accelerated expansion and potentially further product development or market penetration. This infusion of capital will likely enable the company to enhance its technological offerings, broaden its reseller network, and solidify its competitive advantage in the dynamic restaurant technology market. The strategic nature of the investment may also indicate a focus on synergistic partnerships or acquisitions aimed at optimizing its service delivery and market reach.

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Frequently Asked Questions Regarding Restaurant Manager Financial Insights

What are the most recent funding rounds that Restaurant Manager has completed, and what were the funding rounds?
Restaurant Manager has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Restaurant Manager has raised to date?
Restaurant Manager has raised a total of $330K in funding to date.
How many funding rounds has Restaurant Manager completed?
Restaurant Manager has completed 2 funding rounds.
How much funding did Restaurant Manager raise in its most recent funding round?
Restaurant Manager raised $180K in its most recent funding round.
Who are the lead investors in Restaurant Manager's latest funding round?
The lead investor in Restaurant Manager's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Restaurant Manager's history?
The largest funding round in Restaurant Manager's history was $180K.
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