Skift Table

Ghost Kitchens, Labor Management Systems: March Restaurant Industry Funding

Skift Take

It's a great time to own a ghost kitchen startup.

— Erika Adams

No billion-dollar valuations awarded this month, but millions are still flowing into restaurant tech. Investors are eyeing up innovative solutions in delivery aggregation, labor management, and the increasingly popular world of ghost kitchens.

Note: This is the latest installment of Skift Table’s monthly restaurant funding roundup. To view past lists, click here.

ShiftOne

Amount Raised: $2.6 million

Lead Investors: Bowery Capital and NRD Capital

Skift Table Take: The $2.6 million is a supplement to ShiftOne‘s seed round, led by The Entrepreneurs’ Fund. This particular chunk of change will be used to build out ShiftOne’s product and sales teams and improve brand outreach with enterprise companies. The technology company focuses on workforce management, synthesizing employee performance data and improving communication between managers and teams to decrease turnover and improve staff efficiency.

FoodBoss

Amount Raised: $2 million

Lead Investors: Bowery Capital and NRD Capital

Skift Table Take: Online food delivery aggregator FoodBoss got a nice boost this month from Cleveland Avenue, the venture capital firm run by McDonald’s ex-CEO. FoodBoss founder Michael DiBenedetto plans to use the money to focus on building out operations and awareness in key urban markets. The service is currently available in about 50 markets.

Jitjatjo

Amount Raised: $11 million

Lead Investors: Morningside Technology Ventures

Skift Table Take: Jitjatjo is specifically focused on temporary staffing gigs to fill quick holes in the schedule. Users sign up on the platform and are alerted when daily hospitality gigs are available; after the shift is over, the idea is that the users will get paid instantly through the app and then move on to the next gig. According to VentureBeat, the company has claimed 250 percent year-over-year revenue growth and a 350 percent growth in job postings since the app launched in 2016.

Keatz

Amount Raised: $13.6 million

Investors: Project A Ventures, Atlantic Food Labs, UStart, K Fund, JME Ventures, RTP Global

Skift Table Take: Keatz runs a network of ghost kitchens, otherwise known as kitchens that only service delivery orders, across Europe, spanning Berlin, Amsterdam, Madrid, Barcelona, and Munich. The latest round of funding will fuel further expansion plans as the race to own the European ghost kitchen market heats up.

Ghost kitchen startup Keatz raised $13.6 million this month. / Keatz Facebook

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