Next Level Burger, founded in 2014 and based in Bend, Oregon, is described as the nation’s first 100% plant‑based burger‑joint chain. It serves vegan burgers, chik’n, fries and shakes and emphasizes responsibly sourced ingredients and a triple bottom line philosophy of doing good, having fun, and making money. The chain currently operates locations in Oregon, Washington, California, Colorado, Texas and New York and partners with Whole Foods Market, with six locations inside select Whole Foods. NLB recently opened a stand‑alone flagship restaurant in the Denver, Colorado market. The company announced a $20 million funding round to support national expansion, including plans to quadruple its current store count by the end of 2025 and pursue a long‑term goal of opening 1,000 units. Investors named in the announcement include a strategic organic and natural foods partner, private high‑net‑worth mission‑driven shareholders, and early‑stage vegan investors Alex Payne and Nicole Brodeur as minority stakeholders.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2022