Xtra Chef
Latest round
- Series A
Last raised
- May 2019
Total raised
- $11M
Investors
- 7
About Xtra Chef
Xtra Chef, Inc.Founded in 2015 and headquartered in New York, US, Xtra Chef, Inc. specializes in automating financial processes for restaurants.Xtra Chef offers a comprehensive suite of automated financial and operational management tools specifically designed for the restaurant industry. The core offering focuses on automating accounts payable processes, thereby significantly reducing paperwork and enhancing operational efficiency. Additional features include real-time food cost reporting, alerts for ingredient price fluctuations, and analysis of gross margin variances for each menu item. The platform aims to streamline restaurant operations, providing valuable insights for fine dining establishments and quick-service franchises across North America.Xtra Chef primarily generates revenue through a subscription-based model, where restaurants pay for access to their automated management tools and services. Clients can choose from various pricing tiers based on their operational scale and specific needs, including features like accounts payable automation and detailed financial analytics.In June 2021, Toast, Inc. acquired Xtra Chef, aiming to expand its product ecosystem to enhance restaurant operations and improve customer and supplier connections.
Who invested in Xtra Chef
7 investors across 2 rounds
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Questions about Xtra Chef
Who invested in Xtra Chef?
Xtra Chef has 7 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Xtra Chef raised?
Xtra Chef has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Xtra Chef last raise money?
Xtra Chef's most recent round on record is a Series A, in May 2019.
What does Xtra Chef do?
Xtra Chef is a software company.
Where is Xtra Chef headquartered?
Xtra Chef is headquartered in New York, US.
Which VCs invest in companies like Xtra Chef?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Xtra Chef's stage. Their profiles are linked below.
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