top of page

Local Kitchens, a tech-enabled multi-brand restaurant company, has raised $40 million in a new funding round led by venture capital firm General Catalyst.


The Series B round also included participation from existing investors Human Capital, Pear VC and DoorDash co-founder Stanley Tang, who has also joined Local Kitchens' board of directors.


Founded in 2020 by alumni of the DoorDash founding team, Local Kitchens operates a unique model that brings together multiple restaurant brands in a single kitchen optimised for mobile ordering.


The company manages all food preparation in-house, differentiating itself from ghost kitchens and virtual brand concepts.


"No matter how much technology disruption there is, the future of restaurants is still about great food and great service – and that starts with investing in our employees," said Jon Goldsmith, CEO and co-founder of Local Kitchens.


The company claims its model allows it to achieve 50% more sales per human hour than traditional restaurants, while also offering better wages to address industry labour challenges.


Kyle Doherty, managing director at General Catalyst, said Local Kitchens' approach "empowers consumers, supports workers, and uplifts local restaurants" in a landscape transformed by demand for convenience and digital integration.


Since its Series A round in 2021, Local Kitchens has scaled its business fivefold and achieved unit-level profitability, with one in ten households in the San Francisco Bay Area having tried the service.


The new funding will be used to expand Local Kitchens' footprint beyond its current Northern California base, with plans to enter the Los Angeles market and beyond California.


Tang added: "The trend towards on-demand dining is undeniable. With Local Kitchens, we're building the infrastructure to create needed efficiencies for the industry."


Image credit: Local Kitchen website

Local Kitchens raises $40m from General Catalyst to expand tech-enabled multi-brand restaurant model

Siân Yates

3 July 2024

Local Kitchens raises $40m from General Catalyst to expand tech-enabled multi-brand restaurant model

Related posts
Black Sheep Coffee launches hojicha range as part of US autumn menu

Black Sheep Coffee launches hojicha range as part of US autumn menu

Black Sheep Coffee has introduced a new hojicha range in the US alongside the return of its pumpkin spice drinks as part of a limited-edition autumn menu.

Starbucks to invest $100m in Nashville corporate hub, creating up to 2,000 jobs

Starbucks to invest $100m in Nashville corporate hub, creating up to 2,000 jobs

Starbucks is set to invest $100 million in a new corporate office in Nashville, Tennessee, as part of plans to expand its North American operations.

Knoops opens first US store as it expands UK wholesale presence

Knoops opens first US store as it expands UK wholesale presence

British drinking chocolate specialist Knoops has opened its first permanent US store in Salt Lake City, Utah, as part of a wider multi-channel international expansion strategy.

HTeaO appoints Brian Wise as CEO to support US expansion

HTeaO appoints Brian Wise as CEO to support US expansion

US iced tea franchise HTeaO has appointed Brian Wise as chief executive officer as it enters its next phase of national expansion.

bottom of page