What is Local Kitchens?
Founded in 2020 and headquartered in San Francisco, Local Kitchens operates as a digital food hall, aggregating multiple local restaurants under one virtual roof. This innovative model allows customers to conveniently order takeout and delivery from a diverse selection of cuisines within a single transaction, catering to varied preferences within households or groups. The company aims to bring the best of local culinary offerings directly to neighborhoods, simplifying the decision-making process for consumers seeking variety and quality.
How much funding has Local Kitchens raised?
Local Kitchens has raised a total of $25M across 1 funding round:
Series A
$25M
Series A (2021): $25M with participation from Human Capital, Penny Jar Capital, Fifth Wall, Pear VC, and General Catalyst
Key Investors in Local Kitchens
Human Capital
Human Capital is a full-service Professional Employer Organization (PEO) based in Michigan, offering comprehensive back office administrative services to businesses of all sizes. Their solutions include payroll administration, human resources, employee benefits, and risk management, tailored to various industries such as construction, healthcare, and nonprofit.
Penny Jar Capital
Penny Jar Capital is an investment firm that provides backing for companies.
Fifth Wall
Fifth Wall is a venture capital firm focused on the intersection of real estate and technology, investing in companies that are transforming the built environment.
What's next for Local Kitchens?
The substantial enterprise-level funding indicates a strategic push for expansion and operational enhancement for Local Kitchens. This capital infusion is likely to fuel further development of its technology platform, expansion into new geographic markets, and the onboarding of additional restaurant partners. The company's focus on a hybrid model that supports local eateries while offering consumer convenience positions it for continued growth in the evolving food service industry.
See full Local Kitchens company page
