Funding round
Owner Series D
Owner, which works in restaurant digital platform development in Palo Alto, raised $240M in a Series D round announced on 28 Aug 2026, led by Goldman Sachs Alternatives, at a $2.30B post-money valuation. 5 firms took part, with 1 individual investor. It is Owner's fifth venture round on record; the one before was a Series C in May 2025.
$240M
Amount raised
$2.30B
Post-money valuation
$2.06B pre-money
5
Investors
1 lead
2.3x
Step-up from the Series C
$1.00B in May 2025
10%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Owner at $2.30B after the new money, 2.3 times the $1.00B of its Series C (May 2025). The $240M bought investors about 10% of the company. It came 15 months after Owner's Series C. It is 57% of the $419M Owner has raised in the venture rounds on record. No later venture round is on record for Owner.
Owner's funding rounds
Owner has 5 venture rounds on record. This one is highlighted.
- Seed 1 Sep 2021, led by SaaStr Fund $11M
- Series A 3 Mar 2022, led by Altman Capital $15M$150M post-money
- Series B 31 Jan 2024, led by Redpoint Ventures and Altman Capital $33M$200M post-money
- Series C 13 May 2025, led by Meritech Capital and Headline $120M$1.00B post-money
- Series D this round 28 Aug 2026, led by Goldman Sachs Alternatives $240M$2.30B post-money
Investors
Who put money in
Goldman Sachs Alternatives led the round with 4 other firms.
Lead investor
- Goldman Sachs Alternatives new investor
Also in the round
- Meritech Capital backs 84 venture-backed companies new investor
- Redpoint Ventures backs 194 venture-backed companies new investor
- backs 163 venture-backed companies new investor
- Jack Altman
Individual investors: Jack Altman.
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
62 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $115M, and this round was 2.1 times the median. The closest in time, other companies' Series D rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 23 Aug 2026 | $131M | not disclosed | Planet First Partners |
| Tech Companies | 6 Aug 2026 | $85M | not disclosed | TJC |
| Tech Companies | 4 Aug 2026 | $85M | $1.10B | Crescent Cove |
| Tech Companies | 11 Aug 2026 | $80M | not disclosed | Schooner Capital and Ten Coves Capital |
| Tech Companies | 20 Aug 2026 | $29M | not disclosed | Battery Ventures |
| Fireworks AI Tech Companies | 15 Jul 2026 | $1.50B | $17.50B | Atreides Management and Index Ventures |
| Tech Companies | 15 Sep 2026 | $180M | $1.80B | Sequoia Capital and Kleiner Perkins |
| Factorial Tech Companies | 6 Sep 2026 | $150M | $2.50B | General Catalyst |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Owner raise in its Series D round?
Owner raised $240M in its Series D round, announced in Aug 2026.
Who led Owner's Series D round?
Goldman Sachs Alternatives led it, with Meritech Capital, Redpoint Ventures, Headline and Jack Altman.
What was Owner's valuation at the Series D round?
$2.30B post-money ($2.06B pre-money).
How does it compare with other Series D rounds in Tech Companies?
62 Series D rounds in Tech Companies within a year either side disclosed an amount; the median was $115M, and this round was 2.1 times the median.