Rosnet, a company that makes software for restaurant operations, has received investment from M33 Growth, a Boston-based firm. This funding will enable Rosnet to grow more rapidly and enhance its products and services for restaurants.
Founded in 1998, Rosnet provides tools that enable restaurant owners to effectively manage food and labor costs, budgets, inventory, and day-to-day operations. Its platform is used by many well-known brands like Applebee’s, Wendy’s, Corner Bakery, STK, and IHOP. Rosnet’s system helps restaurants save money, make smarter decisions, and run smoothly.
With over 25 years of experience in the restaurant technology industry, Rosnet’s team understands the challenges that restaurant owners face. Their expertise enables them to create practical solutions that deliver real value to clients every day.
KEY QUOTES:
“We are incredibly excited to partner with Rosnet as they enter their next phase of growth. With years of firsthand experience operating restaurants, the team at Rosnet has built a robust platform that we believe can be a game-changer for addressing the complex data and operational needs of the industry. We believe Rosnet’s success and customer-centric brand in the market is a testament to their purpose-built restaurant back-of-house platform and the strong relationships they have built with their operators. We are excited to build on this approach by continuing to invest in product development and support.”
Brian Shortsleeve, Co-Founder and Managing Director of M33 Growth
“Our partnership with M33 Growth marks a pivotal moment for Rosnet. From the beginning, Rosnet has been driven by a vision to provide software and data solutions to restaurant operators to help them save time and improve profit margins while also providing top-tier client service. Through this investment, we will continue to execute on this vision. M33 shares our commitment to further innovate our platform, expand our market presence, and maintain the level of premier support our clients are accustomed to receiving.”
Maggie Peters, CEO of Rosnet