What is Kitchen United?
Kitchen United operates a unique, capital-light solution for the food industry by consolidating multiple restaurant brands within a single physical location, facilitating off-premise dining through delivery and takeout services. This model allows consumers to access a diverse range of culinary options conveniently. The company has established a presence in key markets such as Chicago, Pasadena, and Scottsdale, with further expansion planned for Austin. By providing restaurants with a platform to reach a broader customer base without the overhead of additional brick-and-mortar establishments, Kitchen United is redefining the ghost kitchen and virtual restaurant landscape.
How much funding has Kitchen United raised?
Kitchen United has raised a total of $150M across 3 funding rounds:
Series A
$10M
Series B
$40M
Series C
$100M
Series A (2018): $10M with participation from GV
Series B (2019): $40M led by Fidelity Investments Canada ULC, Divco West, G Squared, GV, and RXR Realty
Series C (2022): $100M supported by Fidelity Investments Canada ULC, Cali Group, GoldenArc Capital, Havi Group, Rich Products, Divco West, General Global Capital, Phillips Edison & Company, Alimentation Couche-Tard, GV, RXR Realty, Restaurant Brands International, Kroger, and Simon
Key Investors in Kitchen United
Cali Group
Cali Group is an investment company specializing in technology solutions like AI, biometrics, and robotics to transform the food and retail industries, focusing on innovations that enhance operational efficiency.
Rich Products
Rich Products develops a wide array of food products for firms within the frozen-food industry, headquartered in Buffalo, New York.
Restaurant Brands International
Restaurant Brands International (RBI) is a global quick-service restaurant operator that owns well-known brands such as Burger King, Tim Hortons, and Popeyes Louisiana Kitchen.
What's next for Kitchen United?
The substantial enterprise-level funding Kitchen United has garnered, particularly the recent Series C round, positions the company for accelerated growth and market penetration. This strategic backing is expected to fuel further expansion into new geographic territories and enhance its technological infrastructure. The company's focus on optimizing the off-premise dining experience and its ability to attract a diverse range of investors, including those with deep ties to real estate, retail, and the food industry, suggests a robust strategy for scaling its operations and solidifying its market leadership in the evolving food delivery ecosystem.
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