𝛼SK or Searchbullish
Owner At $34M ARR
102 Views16 Mar 2025 08:00
TL;DR: During COVID, restaurant margins fell to 1-2% as discovery, ordering and delivery shifted to online aggregators like DoorDash and Uber Eats, a wave of B2B SaaS companies like Owner launched online ordering platforms to give restaurants control over the customer experience. After hitting $2M ARR in 2021, Sacra estimates Owner hit $34M ARR in 2024, up 113% YoY, as it continues to scale post-COVID at 100%+ YoY. For more, check out our full Owner report and dataset, as well as our interviews with ChowNow CEO Chris Webb and Lunchbox CEO Hadi Rashid...
What is covered in the Full Insight:
- Introduction
- Market Conditions during COVID
- Owner's Business Model
- Growth Projections and Competitors
- Future Expansion Plans
SUMMARY
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Full Insight
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- Owner At $34M ARR16 Mar 2025
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