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xtraCHEF - About the company

xtraCHEF is an acquired company based in New York City (United States), founded in 2015 by Kevin Cox. 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 2390 active competitors, including 213 funded and 97 that have exited. Its top competitors include companies like Toast, Olo 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
32 as on Apr 30, 2026
Similar Companies
Exit Details
Acquired by Toast (Jun 08, 2021)

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
1921538
Series A
9516929
5454607
8812981
9028123
May 09, 2018
7286512
Series A
2140706
2291926
7030970
8411557
Mar 27, 2018
7876258
Series A
6821259
6479840
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xtraCHEF's founders and board of directors

Founder? Claim Profile
The founders of xtraCHEF is Kevin Cox.
Here are the details of xtraCHEF's key team members:

xtraCHEF's employee count trend

xtraCHEF has 32 employees as of Apr 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, Olo 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 Olo
Olo
2005, New York City (United States), Acquired
Provider of a platform for restaurant brands to manage digital operations
$73.6M
81/100
3rd
Logo for Amadeus
Amadeus
1987, Madrid (Spain), Public
SaaS-based operations management solution for the hospitality and aviation industry
-
80/100
4th
Logo for Guesty
Guesty
2013, Tel Aviv (Israel), Series F
Cloud-based vacation rental management software
$409M
77/100
5th
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
6th
Logo for CloudBeds
CloudBeds
2012, San Diego (United States), Series D
Provider of a platform for hospitality operations, distribution, and marketing
$253M
71/100
7th
Logo for Paytronix
Paytronix
2001, Newton (United States), Acquired
Provider of digital guest engagement platform for restaurants and c-stores
$75M
70/100
8th
Logo for Odeko
Odeko
2019, New York City (United States), Series E
Provider of online ordering solution for coffee businesses
$296M
69/100
9th
Logo for Tillster
Tillster
2006, San Diego (United States), Series C
Restaurant digital ordering solutions: online, mobile, delivery, kiosk, and data science
$90.4M
67/100
10th
Logo for TouchBistro
TouchBistro
2010, Toronto (Canada), Series E
Cloud-based POS and restaurant management system
$321M
67/100
58th
Logo for xtraCHEF
xtraCHEF
2015, New York City (United States), Acquired
Restaurant management software automating financial and operational tasks for increased profitability
$10.5M
50/100
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xtraCHEF's Investments and acquisitions

xtraCHEF has made no investments or acquisitions yet.

Reports related to xtraCHEF

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News related to xtraCHEF

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