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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 3225 active competitors, including 220 funded and 106 that have exited. Its top competitors include companies like Toast, Vyapar and Amadeus.

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.
Social
X
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
Ranked
Employee Count
31 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Toast (Jun 08, 2021)

xtraCHEF's acquisition details

xtraCHEF got acquired by Toast on Jun 08, 2021.
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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
2219711
Series A
5575486
9778789
6075644
2724798
May 09, 2018
4738648
Series A
3920408
4259214
9176223
2225974
Mar 27, 2018
7425330
Seed
4253062
4899344
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xtraCHEF's founders and board of directors

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xtraCHEF's employee count trend

xtraCHEF has 31 employees as of Aug 26. Here is xtraCHEF's employee count trend over the years:
Employee count trend for xtraCHEF
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xtraCHEF's Competitors and alternates

Top competitors of xtraCHEF include Toast, Vyapar and Amadeus. Here is the list of Top 10 competitors of xtraCHEF, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Toast
Toast
2011, Boston (United States), Public
Cloud-based point of sale and management system for restaurants
$900M
82/100
2nd
Logo for Vyapar
Vyapar
2017, Bengaluru (India), Series B
Developer of software for business accounting and inventory management tasks
$35.9M
81/100
3rd
Logo for Amadeus
Amadeus
1987, Madrid (Spain), Public
SaaS-based operations management solution for the hospitality and aviation industry
-
81/100
4th
Logo for Olo
Olo
2005, New York City (United States), Acquired
Provider of a platform for restaurant brands to manage digital operations
$73.6M
80/100
5th
Logo for Guesty
Guesty
2013, Tel Aviv (Israel), Series F
Cloud-based vacation rental management software
$409M
77/100
6th
Logo for Odeko
Odeko
2019, New York City (United States), Series E
Provider of online ordering solution for coffee businesses
$296M
77/100
7th
Logo for Lodgify
Lodgify
2012, Barcelona (Spain), Series B
Cloud-based end-to-end software solutions for the vacation rental management
$37.3M
72/100
8th
Logo for Paytronix
Paytronix
2001, Newton (United States), Acquired
Provider of digital guest engagement platform for restaurants and c-stores
$75M
71/100
9th
Logo for CloudBeds
CloudBeds
2012, San Diego (United States), Series D
Provider of a platform for hospitality operations, distribution, and marketing
$253M
71/100
10th
Logo for Foodics
Foodics
2014, Riyadh (Saudi Arabia), Series C
Cloud-based POS and restaurant management system for efficient operations
$194M
70/100
46th
Logo for xtraCHEF
xtraCHEF
2015, New York City (United States), Acquired
Restaurant management software automating financial and operational tasks for increased profitability
$10.5M
53/100
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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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Dos Toros Outsources Store-Level AccountingHospitalitytech•Jul 20, 2018•Dos Toros, xtraCHEF
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