Fairfax, VA – According to filings with the U.S. Securities and Exchange Commission, MarginEdge is raising $23,198,319.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Bo Davis played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About MarginEdge
From one picture to the big picture! It all starts with your team snapping photos of invoices with their smartphones. We take it from there every line item and every handwritten note is captured. We then integrate with your POS, so each day you know everything you bought and everything you sold, plus you get a rolling P&L with drill-down capability, and the invoice and sales data flows effortlessly to your accounting system. We are currently working with 1000 restaurants in 34 states, from fast-casual to fine dining. Developer of diner management software designed to provide automated invoice processing with food and beverage cost analytics. The company’s software handles data entry of all of the invoices, updates ordering sheets with a real-time kitchen recipe viewer and determines theoretical food and beverage cost and usage against actual, enabling restaurants to eliminate invoice headaches, reduce food costs and streamline inventory, recipes and budgets.

To learn more about MarginEdge, visit http://www.marginedge.com/

Contact:
Bo Davis, Chief Executive Officer
703-682-0999
bo@marginedge.com
https://www.linkedin.com/in/davis-bo/

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