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Xtra Chef, Inc. offers software that automates accounts payable and food cost reporting for restaurants on a subscription basis.
Founded in 2015 and headquartered in New York, Xtra Chef, Inc. offers software that automates accounts payable, food cost reporting, and gross margin analysis for restaurants, including fine dining and quick-service franchises. Clients pay subscription fees across several pricing tiers. The company raised USD 7.5 mn in a Series A round in June 2021, led by MVP Capital Partners with Laconia Capital Group and ValueStream Ventures, and Toast, Inc. acquired it in June 2021. Andy Schwartz is CEO, and Bhavik Patel is a co-founder.
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