Ghost Kitchen Company Bags $100 Million from Big-Name Investors

Kitchen United (Pasadena, CA) has added $100 million to its coffers after a Series C fundraising round led by Kroger, a new investor in the company, and other high-profile backers.

The ghost kitchen operator, which has 200 locations across 20 regions in the U.S., now plans to “significantly increase” its domestic footprint in the near term, the company said.

Moving forward, Kitchen United said it will sharpen its focus on key markets including Los Angeles, New York City, Chicago and Texas. It will also continue refining its ordering technology platform, Kitchen United OS, for use by customers including Burger King, Popeyes, Chick-Fil-A, Portillo’s, Panera Bread, Dog Haus, Wingstop and Brinker International.

Aside from Kroger, new investors who participated in the $100 million funder include Alimentation Couche-Tard/Circle K, Restaurant Brands International, B. Riley Venture Capital, Simon, Phillips Edison & Co. and The HAVI Group.

The company’s founders, Harry Tsao and John Miller, as well as Kitchen United CEO Michael Montagano and two-time Super Bowl MVP Peyton Manning also made investments in the round.

Kitchen United says it has seen triple-digit revenue growth for the past three years. Its ordering platform enables customers to order from multiple prepared food and consumer goods brands on the same ticket and with the same delivery driver.