TONY SMITH
CO-FOUNDER/CEO
RESTAURANT365
WHY: Co-founded Irvine-based restaurant-specific accounting and back-office software platform that has topped $100M in annual revenue and gained a valuation of $1B or above.
IN THE NEWS: Firm acquired ExpandShare, which provides training content for food service workers, in April and brought company’s total employee headcount up to 900. Also received a $175M boost from latest funding round in May led by current investors.
NOTABLE: Restaurant365 said its goal is to increase the efficiency of its clients’ 40K outlets; helps perform back-of-the-house functions.
QUOTABLE: “There’s lots of options for us in the future and an IPO is one potential route. We mainly are heads down still working hard to create value for the restaurants.”
