Local Kitchen Raises $25M in Series A Funding

Left to right: Jon Goldsmith (co-founder and CEO), Jordan Bramble (co-founder and CTO), Matthew Rudofker (Head of Culinary), Andrew Munday (co-founder and COO) (Photo: Business Wire)

Local Kitchen, a San Francisco CA-based company which brings together a mix of local restaurant brands under one roof for takeout and delivery, raised $25M in Series A funding.

The round was led by General Catalyst, with participation from Human Capital, Pear VC, Fifth Wall and Penny Jar Capital, an early-stage venture firm anchored by Stephen Curry.

The company intends to use the funds to accelerate expansion plans into new markets throughout California and beyond.

Founded by former DoorDash employees Jon Goldsmith, Andrew Munday, and Jordan Bramble, Local Kitchens brings together a mix of local restaurant brands under one roof for takeout and delivery. Each store features 8-10 restaurants curated to reflect the diversity of the local community and cuisine, and is available through a storefront with a streamlined takeout experience in addition to delivery. All meals are cooked fresh to order with a unique licensing model, guaranteeing a consistent and high-quality experience for customers while enabling restaurant brands to expand in weeks with minimal capital investment. Customers can order takeout or delivery online through LocalKitchens.com, or in-store using ordering kiosks.

Local Kitchens currently operates in the San Francisco Bay Area (Cupertino, Lafayette, San Jose; Mountain View and Palo Alto coming soon) and is rapidly expanding throughout California and beyond.

FinSMEs

28/06/2021