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May 14, 2025 - Deals

Owner.com Raises $120 Million In Series C Round Led By Meritech And Headline

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Owner.com, a platform co-founded by Adam Guild in 2018 to help local restaurants grow online through tools like websites, ordering, and digital marketing, has raised $120 million in a Series C round at a $1 billion valuation. The round was led by Meritech’s Alex Kurland and Headline’s Shalini Rao, with strategic backing from restaurant leaders like Sweetgreen CEO Jonathan Neman and Cava CEO Brett Schulman. The company, now serving over 10,000 restaurants, unveiled “AI Executives”—chatbots trained to assist with marketing, finance, and tech—using data from its customer base. Owner plans to use the funds to scale and invest further in AI. INVESTORS: Meritech Capital, Headline, Jonathan Neman, Jonathan Browder, George Bousis, & Brett Schulman ROUND: Series C AMOUNT: $120,000,000 HQ: #PaloAlto #California #VentureCapital #Ownercom #AdamGuild #MeritechCapital #Headline #JonathanNeman #BrettSchulman #TradedVC

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Colossal Biosciences In Talks For Funding Round Targeting $23 Billion ValuationColossal Biosciences, the de-extinction biotech startup known for its efforts to recreate the woolly mammoth and other extinct species, is reportedly in talks to raise new funding at a valuation of roughly $23 billion–$24 billion, according to Axios. The potential raise would mark a significant jump for the five-year-old company, with investors valuing not only its genetic-engineering programs but also its broader genomics, reproductive technology, conservation, and intellectual property platform. Colossal has begun generating revenue through conservation technology sales and technology spinouts, including Astromech, an AI-driven predictive modeling company, and Form Bio, a computational biology platform, expanding its value beyond de-extinction efforts. FOUNDERS: Ben Lamm & George Church TARGET VALUATION: $23,000,000,000 HQ: Dallas, Texas #VentureCapital #ColossalBiosciences #BenLamm #GeorgeChurch #TradedVC