Restaurant-Tech Leader Crunchtime Expands Global Operations and Surpasses $100 Million in Revenue [Yahoo! Finance]
Bowlero Corp. Class A (BOWL)
Company Research
Source: Yahoo! Finance
BOSTON, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Crunchtime, the leading provider of operations management solutions for the restaurant industry, today announced that it now supports 80% of the top 50 restaurant brands in the U.S. and more than one-third of the top 500 with technology that helps operators manage food and labor costs while delivering great customer experiences. The company has also surpassed another milestone, $100 million in annual recurring revenue (ARR), as customers across the globe accelerate adoption of Crunchtime products. Key milestones that fueled the company's growth include: Surpassed 125,000 locations supported globally –Over 500 brands are now using Crunchtime solutions across more than 125,000 locations to manage inventory, labor and scheduling, operations execution, and training. Among the customers that started working with Crunchtime or purchased additional products in 2023 are: Bowlero, Jersey Mike's, The Cheesecake Factory, Jimmy John's, Dave & Buster'
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