On January 31, 2024, Owner.com, a restaurant-software start-up, announced that it had closed a new $33 million Series B round to bring the company to a $200 million valuation. The company’s total capital raised is now $58.7 million. Independent restaurant owners use Owner.com’s tools to create websites with online-ordering features, as well as for other tasks such as running marketing campaigns and improving placement in online search results. Owner.com will use the financing to expand to more restaurants, as well as to enhance its product with generative artificial intelligence and other technologies.

Wilson Sonsini Goodrich & Rosati represented Owner.com in the transaction. The Wilson Sonsini team includes Mark Baudler, Michael Pestana, Peter Bratton, and Laura Odujinrin.

For more information, please see Owner.com’s announcement. Further coverage can be found at WSJ Pro and TechCrunch.