Kitchen United, the Ghost Kitchen and Restaurant Hub Expertise Pioneer, Declares $100M Sequence C Fundraise

“This Sequence C financing additional solidifies Kitchen United’s management place within the {industry},” stated Michael Montagano, Kitchen United’s Chief Govt Officer and Board Member. “Kitchen United uniquely sits on the intersection of expertise, meals, and actual property. Our resolution serves because the technological and bodily infrastructure revolutionizing centrally positioned distribution hubs by means of streamlining off-premises ordering and consumption. To that finish, we’re thrilled to companion with main buyers throughout grocery, comfort, eating places, malls, packaging, logistics, distribution, automation, and concrete and suburban actual property growth,” says Montagano.

“We see many business alternatives in partnering with Kitchen United because it prepares for appreciable scale. We imagine this enterprise stands other than different {industry} gamers with its centralized areas, multi-format choices, skilled administration group, and mature expertise stack — all of which align with Circle Okay’s mission to make our clients’ lives a bit simpler every single day as we work collectively to form the way forward for comfort,” stated Kevin Lewis, Chief Advertising and marketing Officer, Alimentation Couche-Tard.

“The rising pattern of off-premises eating presents a significant progress alternative for the ghost kitchen sector, and Kitchen United is uniquely positioned for vital growth within the years forward,” says David Krane, CEO and Managing Accomplice, GV. “We have lengthy been impressed with Kitchen United’s distinctive execution and unparalleled management within the sector. We’re excited to proceed partnering with Michael Montagano and the complete Kitchen United group as they open extra kitchen facilities throughout the nation and attain extra eating places and shoppers.”

Prior to now two years, Kitchen United has unveiled a number of industry-leading initiatives, together with collaborations in grocery with Kroger and at Simon properties nationwide.

Kitchen United at present has roughly 200 operational kitchens throughout 20 areas, powered by its industry-leading proprietary expertise, with plans to considerably improve its technological and bodily footprint within the close to time period. The corporate has seen triple-digit top-line progress for 3 consecutive years, all supported by industry-leading metrics. Kitchen United’s proprietary expertise allows clients to order from a number of ready meals and shopper items manufacturers on the identical ticket and with the identical supply driver, all synchronized to maximise high quality and payload, and reduce time and expense.

Kitchen United will proceed its deal with Los Angeles, New York Metropolis, Chicago, and Texas as key markets with continued growth all through different US commerce areas. Moreover, Kitchen United will likely be additional evolving its industry-leading multi-concept ordering expertise platform Kitchen United OS, to be used by clients together with Burger King, Popeyes, Chick-Fil-A., Portillo’s, Panera Bread, Canine Haus, Wingstop, and Brinker Worldwide.

About Kitchen United

Based in 2017, Kitchen United is a number one supplier of restaurant hub expertise, streamlined logistics and turn-key business kitchen area that empowers foodservice operators to faucet into the rising off-premises enterprise alternative and gives shoppers a first-of-its-kind to-go expertise. The corporate gives a value-driven, low-risk approach for rising and established restaurant manufacturers to enter into new markets, develop income by means of off-premises eating and increase supply areas. For extra info, please go to: http://www.kitchenunited.com.

SOURCE Kitchen United

Kitchen United, the Ghost Kitchen and Restaurant Hub Expertise Pioneer, Declares 0M Sequence C Fundraise