xtraCHEF - About the company
xtraCHEF is an acquired company based in New York City (United States), founded in 2015. It operates as a Restaurant management software automating financial and operational tasks for increased profitability. xtraCHEF has raised $10.5M in funding from investors like MVP Capital Partners, Laconia and ValueStream Ventures. The company has 2055 active competitors, including 181 funded and 71 that have exited. Its top competitors include companies like Toast, Olo and Vyapar.
Company Details
Restaurant management software automating financial and operational tasks for increased profitability. This is a cloud-based platform designed to empower the hospitality industry with data-driven insights to optimize food costs and maximize margins. It offers a suite of automated tools for financial and operational management, streamlining processes and minimizing manual data entry. The software integrates data across systems, providing real-time analytics to improve purchasing, menu pricing, and production. It caters to various roles within the restaurant industry, including culinary management, financial management, operations management, and outsourced accountants. The platform offers features like AP automation, food cost management, inventory management, recipe management, procurement, and budgets and forecasting. It aims to help restaurants of all sizes and service types gain better control over their finances and operations, enabling them to make informed decisions and improve their bottom line.
- Website
- xtrachef.com
- Registered Address
- Philadelphia,Pennsylvania
Key Metrics
Founded Year
2015
Location
New York City, United States
Stage
Acquired
Total Funding
$10.5M in 3 rounds
Latest Funding Round
Investors
Ranked
38th among 2055 active competitors
Employee Count
32 as on May 31, 2026
Exit Details
Acquired by Toast (Jun 08, 2021)
Legal entities associated with xtraCHEF
xtraCHEF is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
XTRA CHEF, INC. CIN: 5692580 , United States, Active | Feb 11, 2015 | - | 36 (As on Dec 31, 2021) | - |
TOAST TAB PRIVATE LIMITED CIN: U72900TN2020PTC138991 , India, Active | Oct 26, 2020 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 729 (As on Apr 01, 2026) | |
XTRA CHEF INC. CIN: 473171971 , United States, Active | Dec 31, 1999 | - | 29 (As on Dec 31, 2023) | - |
xtraCHEF's acquisition details
xtraCHEF got acquired by Toast on Jun 08, 2021.
Click here to take a look at xtraCHEF's acquisition in detail
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xtraCHEF's funding and investors
xtraCHEF has raised a total funding of $10.5M over 3 rounds. Its first funding round was on Mar 27, 2018. Its latest funding round was a Series A round on May 30, 2019 for $*****. 3 investors participated in its latest round. xtraCHEF has 8 institutional investors.
Here is the list of recent funding rounds of xtraCHEF:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 30, 2019 | 3468778 | Series A | 8504736 | 1009549 | 8572268 | 5943337 |
May 09, 2018 | 7548432 | Series A | 1384120 | 8427217 | 4586665 | 6764992 |
Mar 27, 2018 | 8777701 | Series A | 9430989 | 8699602 |
View details of xtraCHEF's funding rounds and investors
xtraCHEF's founders and board of directors
Founder? Claim ProfilextraCHEF's employee count trend
xtraCHEF has 32 employees as of May 26. Here is xtraCHEF's employee count trend over the years:
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xtraCHEF's Competitors and alternates
Top competitors of xtraCHEF include Toast, Olo and Vyapar. Here is the list of Top 10 competitors of xtraCHEF, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Toast 2011, Boston (United States), Public | Cloud-based point of sale and management system for restaurants | $900M | 82/100 | |
2nd | Olo 2005, New York City (United States), Acquired | Provider of a platform for restaurant brands to manage digital operations | $73.6M | 81/100 | |
3rd | Developer of software for business accounting and inventory management tasks | $35.9M | 80/100 | ||
4th | Paytronix 2001, Newton (United States), Acquired | Provider of digital guest engagement platform for restaurants and c-stores | $75M | 71/100 | |
5th | Foodics 2014, Riyadh (Saudi Arabia), Series C | Cloud-based POS and restaurant management system for efficient operations | $198M | 70/100 | |
6th | Odeko 2019, New York City (United States), Series E | Provider of online ordering solution for coffee businesses | $296M | 69/100 | |
7th | TouchBistro 2010, Toronto (Canada), Series E | Cloud-based POS and restaurant management system | $321M | 67/100 | |
8th | SynergySuite 2011, Dublin (Ireland), Series B | AI-powered restaurant management software for streamlined operations and increased profitability | $28.6M | 65/100 | |
9th | Zenput 2011, San Francisco (United States), Acquired | Platform offering software for mobile sales data collection | $47M | 63/100 | |
10th | Restaurant365 2011, Irvine (United States), Series C | Cloud-based platform for restaurant management | $283M | 63/100 | |
38th | xtraCHEF 2015, New York City (United States), Acquired | Restaurant management software automating financial and operational tasks for increased profitability | $10.5M | 53/100 |
Looking for more details on xtraCHEF's competitors? Click here to see the top ones
xtraCHEF's Investments and acquisitions
xtraCHEF has made no investments or acquisitions yet.
Reports related to xtraCHEF
Here is the latest report on xtraCHEF's sector:
News related to xtraCHEF
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xtraCHEF Partners with Toast to Empower Restaurateurs with Free ToolsPRWeb•Jul 29, 2020•xtraCHEF, Toast
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XtraChef raises $7.5M for recruitment, product roadmap advancementFast Casual•May 30, 2019•xtraCHEF, MVP Capital Partners, ValueStream Ventures, Laconia
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xtraCHEF Forms Enterprise Partnership with Fourteen FoodsPRWeb•Feb 25, 2019•xtraCHEF, Hiflylabs, Fourteen Foods
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La Colombe Chooses xtraCHEF to Streamline Corporate AccountingPRWeb•Nov 20, 2018•La Colombe, xtraCHEF
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