Chowbus Raises $81 Million to Build the Operating System Independent Restaurants Never Had
Chicago-based Chowbus closed an $81 million funding round to build an AI-powered operating platform for independent and culturally rooted restaurants. The company has grown annual recurring revenue 9x in four years to more than $120 million, processing $4 billion in annualized transaction volume across all 50 states and Canada. The raise signals a broader bet that the 60% of the restaurant industry still running on mismatched, enterprise-focused tools is ready for something purpose-built.