Full-Time
Sales Development Representative 1
Restaurant365
1,001-5,000 employees
Restaurant management software for accounting
No salary listed
Austin, TX, USA
Hybrid
 Sales & Account Management (1) |
|---|
- 6 months Sales Development or Outbound sales role focused on prospecting new business preferred
- Aspire to build a career in sales
- Determination to deliver results
- Exemplify our core values of Love Good Food, Share Positive Vibes, Solve Problems Together and Relentlessly Seek Greatness
- Strong organization and time management
- Microsoft software system experience
- Restaurant industry is a huge plus
- Bachelor’s degree preferred
- Occasional travel may be required
- Generate new business prospects to drive Restaurant365’s expansion
- Collaborate with an Account Executive to meet shared monthly sales targets
- Connect with restaurant professionals via phone, email, and various channels to comprehend their challenges and pinpoint potential solutions
- Exercise the freedom to go beyond your designated role, contributing to Restaurant365’s overall success
- Formulate targeted lists, calling strategies, and messaging that cultivate opportunities for new business
- Execute daily tasks including thorough pre-call research and planning, conduct a high volume of daily calls, follow up with past contacts, maintain accurate records in Salesforce
- Restaurant industry experience is a huge plus
Restaurant365 provides a subscription-based cloud software platform for restaurant management. It unites core operations like accounting, inventory, labor, and scheduling into one system for restaurants ranging from a single location to large franchises. The platform automatically pulls detailed sales and labor data from the POS system to generate daily accrual journal entries for the general ledger, helping save time and improve accuracy. It also offers real-time performance tracking and administrative streamlining across the employee lifecycle (hiring to payroll), allowing managers to focus on guest experiences. Franchisees can benchmark against other locations and the company to gauge performance and identify what works. The company has a large partner ecosystem with over 400 vendors and technology partners to extend functionality. Its goal is to help restaurants run more efficiently, make data-driven decisions, and scale their operations across locations.
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$437.5M
Headquarters
Irvine, California
Founded
2011
Simplify's Take
What believers are saying
- $175M ICONIQ-led funding in May 2024 fuels product innovation and acquisitions.
- ExpandShare acquisition adds AI training tools boosting guest satisfaction metrics.
- New CPO Steve Demchuk drives enterprise multi-location benchmarking features.
What critics are saying
- Toast's integrated back-office suite steals customers via seamless POS bundling now.
- HotSchedules free tier undercuts $469/month pricing in SMB segment immediately.
- EU AI Act fines up to 6% revenue hit R365 AI scheduling by November 2026.
What makes Restaurant365 unique
- Restaurant365 unifies accounting, inventory, labor, payroll in single AI-powered cloud platform.
- R365 AI delivers natural-language dashboards and 15% labor forecast accuracy gains.
- Deep Toast POS integration pulls sales data for automated daily GL entries.
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Benefits
Health Insurance
401(k) Retirement Plan
401(k) Company Match
Unlimited Paid Time Off
Wellness Program
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 6%Restaurant365, a California-based all-in-one management platform for the restaurant industry, announced a $175 million funding round in May. This follows their $135 million raise last year, solidifying their unicorn status with a valuation over $1 billion. At the NRA Show, R365 introduced new features like "Employee Training" and "Task Management." The funding was led by ICONIQ Growth, with participation from KKR and L Catterton. R365's growth is attributed to its integration with Toast's platform.
Restaurant365 announced a $175 million funding round led by ICONIQ Growth, with participation from KKR and L Catterton. The funds will support sales growth, product innovation, and acquisitions. This follows 12 consecutive quarters of exceeding sales targets. The investment will expand enterprise features, grow the workforce and payroll product suite, and strengthen the balance sheet for future acquisitions. This round follows the acquisition of ExpandShare, an AI-powered learning management system.
Restaurant365, an all-in-one restaurant enterprise management platform, has finalized the acquisition of ExpandShare, a learning-management system built for restaurants to deliver and track training content quickly and easily across platforms. "Guest satisfaction is paramount to restaurant success, and the main…
(Reuters) - US cloud-based restaurant manager Restaurant365 has become a 'unicorn' following a $135 million funding round, the company said on Friday.
IRVINE, CA and AUSTIN, TX– June 10, 2021 – Restaurant365, the leading all-in-one restaurant management platform, today announced the acquisition of Co.