RestauRent Raises $1M from Emerging Fund to Expand Private Event Booking Platform
- RestauRent Blog
- Oct 1
- 2 min read
Providence, RI — September 29th, 2025 — RestauRent, the platform revolutionizing how restaurants and venues capture private event business, today announced it has secured a $1 million investment from Emerging, a leading growth capital firm investing in restaurant-entertainment concepts and restaurant technology companies.
RestauRent Raises $1M from Emerging Fund to Expand Private Event Booking Platform
Funding drives platform innovation and broader market reach
The investment comes with far more than capital. Emerging Fund is backed by Buyers Edge, the nation’s largest restaurant procurement network, connecting over 200,000 independent operators nationwide. Through this partnership, RestauRent will be distributed directly across the Buyers Edge network, giving restaurants and venues seamless access to RestauRent’s event-booking tools without requiring additional in-house sales or marketing spend.
“Private events remain one of the most profitable yet underutilized revenue streams for restaurants and bars,” said Nick Cianfaglione, Co-Founder & CEO of RestauRent. “This investment from Emerging validates the massive market need and equips us with the scale and distribution to accelerate growth faster than ever before. Together, we can empower operators across the country to unlock this opportunity.”
RestauRent has already established strong market traction with 1,500+ venues listed across every major city east of Texas and over $30 million in event revenue booked to date. The company’s platform helps operators capture high-margin private event revenue more efficiently by reducing inquiry back-and-forth, automating booking workflows, and driving incremental revenue.
Emerging has a proven track record of supporting the growth of disruptive hospitality platforms. Their portfolio includes Chowly, Batbox, F1 Arcade, Puttshack, and TAIV, which raised a $10.5M Series A just two years after Emerging’s initial investment thanks to their strategic backing.
Looking ahead, the RestauRent team is equally energized about the road ahead. “This partnership is a launchpad for our next phase of growth,” added Will Tondo, Co-Founder & COO of RestauRent. “With Emerging’s backing and the scale of the Buyers Edge network, we’re positioned to accelerate momentum in 2026 and beyond. We couldn’t be more excited to bring the power of private events to thousands more operators nationwide.”
This funding marks a significant milestone for RestauRent as it continues to expand its footprint in key U.S. markets. The capital will fuel product development, platform integrations, and continued growth of its marketplace of venues available for private dining and events.
RestauRent is the first end-to-end platform built to help restaurants, bars, and venues capture and manage private event bookings. With 1,500+ venues across major U.S. cities east of Texas and $30M in event revenue booked, RestauRent simplifies lead capture, automates booking workflows, and drives high-margin revenue for operators.
EMERGING is a growth capital firm investing in restaurant-entertainment concepts and restaurant technology companies. Focused on scaling experience-driven brands, providing capital, operational guidance, and strategic partnerships to drive sustainable growth. EMERGING leverages the largest food & beverage network in the U.S., offering unparalleled access, distribution, and insights.
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