<ul><li>Restaurant and small business software startup Owner.com has reached a $1 billion valuation after a $120 million funding round.</li><li>Owner.com aims to create a 'Shopify' for local business owners, starting with restaurants, to enhance their online presence and compete with larger chains like Domino’s.</li><li>The company assists restaurants in improving online search visibility, offers AI-powered website-building, and automated marketing tools like localized SEO and a mobile app.</li><li>In a time of inflation and economic uncertainty, consumers are adjusting their grocery and restaurant spending habits, which may impact local establishments in contrast to larger chains.</li></ul>

Owner Raises $120 Million to Help Small Restaurants Tackle ‘Goliaths’

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