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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. ”We’re thrilled to reach this significant milestone, which is very much a reflection of the type of partnership we have with our customers and our employees' commitment to their success,” said Raguin. "Brands are looking for opportunities to consolidate the applications and vendors they use, which have sprawled in recent years, and we’ve been fortunate to be the tech partner of choice that customers trust to support the most strategic parts of their operations.”
CrunchTime! Information Systems, Inc., the leading back-of-house operations platform provider for the restaurant industry, today announced the acquisition of Zenput, whose complementary software focuses on helping restaurants and other businesses manage food safety, maintain brand standards, and improve staff productivity. The combined organization—backed by global, technology-focused investment firm Battery Ventures—will provide one-stop, best-in-breed technology to help restaurant and other food service operators make timely, fact-based decisions that reduce food and beverage costs, drive labor efficiencies, and better manage the quality and consistency of their operations. This winning combination will help operators of multiple locations improve performance and the guest experience—just as restaurants grapple with a new, post-pandemic dining The combined company serves over 500 brands operating in excess of 100,000 locations in over 100 countries, with a number of joint customers, including P.F. Chang’s, Five Guys, The Cheesecake Factory, and Sweetgreen.
CrunchTime, the leading provider of operations management solutions for the restaurant industry, today announced the appointment of John Raguin as Chief Executive Officer. Raguin brings deep software industry, international business, and leadership experience to CrunchTime to help further scale the company in its next phase of growth. Raguin is an experienced software executive and company builder. Raguin has been a member of CrunchTime’s board of directors for the past three years. CrunchTime’s platform is used by restaurant and other multi-unit foodservice operators in well over 100,000 locations across 100+ countries to manage critical functions like inventory tracking, staff scheduling, learning and development, food safety, and other core operating procedures. The company has continued to grow quickly, extending its global presence and expanding its platform capabilities through both continued investment in product development and recent acquisitions that include Zenput, Squadle, and Cosmos 21—the developer of the BrandMate platform.
