Participated · Series C · Jul 2022

Kitchen United operates a platform combining commercial kitchen space, restaurant-hub technology and streamlined logistics to help foodservice operators enter new markets, grow off-premises revenue and expand delivery areas. Its technology enables customers to order from multiple prepared food and consumer goods brands on the same ticket and with the same delivery driver, synchronized to maximize quality and payload while minimizing time and expense. The company also develops Kitchen United OS, a multi-concept ordering technology platform used by national restaurant brands. Led by CEO Michael Montagano, Kitchen United currently powers approximately 200 operational kitchens across 20 regions. The company plans to increase both its technological and physical presence, with continued focus on Los Angeles, New York City, Chicago, Texas and other U.S. trade areas. Management intends to use the recent funding to accelerate growth and expand operations. Kitchen United operates commercial kitchen centers that house 10–15 restaurant brands each, providing operators a value-driven, low-risk way to enter new markets and expand delivery areas by removing capital and technology barriers. Launched in 2017 and headquartered in Pasadena, Calif., the company positions itself as a strategic real estate partner for restaurant chains as consumer preference shifts to off-premise dining. Kitchen United handles operations so restaurant brands can focus on food while scaling via shared kitchen infrastructure. The company cites a large addressable market—William Blair estimated U.S. off-premise restaurant sales at $279B in 2018, growing to an expected $402B in 2022. Current locations include Pasadena and Chicago, with upcoming openings in Scottsdale and Austin and additional sites under construction in Chicago, San Francisco, Los Angeles and other major markets. As part of its growth strategy, Kitchen United plans to enter New York City through a relationship with RXR Realty to open kitchen centers in RXR and other Tri-State properties. The company recently closed a financing round to support expansion into its primary growth markets, including New York City, Chicago, Los Angeles, San Francisco and Boston. Kitchen United is a virtual-restaurant concept that operates "Kitchen Centers" — converted warehouse, big-box or light-industrial facilities that can house 10–20 restaurants and centralize delivery production. The company aggregates demographic and cuisine-specific demand data to select locations and provide restaurant partners opt-in consumer and operational intelligence to tailor menus, staffing and operations. Kitchen United positions its offering as a lower-cost, lower-risk way for national, regional and local chains and food entrepreneurs to enter new markets and expand off-premise dining. Launched in 2017 and headquartered in Los Angeles, the company says its centers create operational efficiencies and reduce delivery costs while expanding partners' addressable delivery markets. Kitchen United plans to use recent funding to accelerate national growth and to build its real estate, marketing, engineering and operations teams. Leadership brings experience from chains and hospitality companies including Taco Bell, McDonald’s, SBE Entertainment and Wolfgang Puck.

Participated · Seed · Mar 2021

86 Repairs provides a repair and maintenance management platform built for the restaurant industry. It offers restaurants and other commercial kitchen operators 24/7/365 support for on-demand repair management, preventative maintenance programs, and data-driven insights on repair and maintenance spend. The company manages the repair and maintenance process for more than 2,000 restaurant operators across the U.S. and Canada, from upscale full-service restaurants to quick-service franchised brands. Notable customers include Boka Restaurant Group, Castellucci Hospitality Group, 4 Rivers Smokehouse, and quick-service brands such as McDonald’s, Jimmy John’s, Sonic Drive-Ins, and Taco Bell. Led by co-founder and CEO Daniel Estrada, 86 Repairs intends to use new funding for product innovation and expansion of the business. The company raised a $15.2M Series A to support growth and product development. 86 Repairs provides a platform that automates the end-to-end repair and maintenance process for restaurants, offering actionable insights to improve back-of-house operations. Led by co-founder and CEO Daniel Estrada, the company's solutions are used by multi-unit groups such as Castellucci Hospitality Group, 4 Rivers Smokehouse, and Peas and Carrots Hospitality, and by brands including McDonald’s, Jimmy John’s, Sonic Drive-Ins, and Famous Dave’s. The product focuses on streamlining repairs and maintenance workflows to reduce downtime and operational friction in kitchens. The company plans to use new funding to scale product innovations and accelerate growth. Financially, 86 Repairs has raised $8.8M to date after the latest $5.3M financing that brought the current round to $7.3M. Investors in the recent financing include TDF Ventures, Gordon Food Service, MATH Venture Partners, Revolution, and Cleveland Avenue. 86 Repairs operates a subscription service that manages the entire end-to-end repair process for restaurant equipment. The platform aggregates repair data and provides actionable insights into which equipment is breaking, expected repair costs, and the cost of labor and parts. Its solution is used to improve back-of-house operations for multi-unit restaurant groups and large brand operators. Since launching in 2018, the company has partnered with more than 700 restaurant locations. 86 Repairs was founded by Joe Gallagher and Daniel Estrada and is based in Chicago, IL. The company plans to use new funding to accelerate growth and product development. 86 Repairs provides a subscription service that manages the entire repair and maintenance process for restaurant groups. Its offering includes 24/7 support from an expert team, actionable insights to improve back-of-house operations, and end-to-end management of service work. The company is building a proprietary software platform to coordinate repairs and track performance. 86 Repairs plans to use newly raised funds to accelerate sales and marketing and to continue developing its software platform. It intends to expand operations in Detroit and Chicago. The company secured $1.5M in funding to support these initiatives.