About Beatnic
Beatnic is a Consumer company based in New York (United States) founded in 2015 by Samantha Wasser, and was acquired by INDAY in December 2023. It operates as a salads, burgers, sandwiches, and other items are served by Beatnic. Beatnic has raised $31 million across 1 funding round from investors including INDAY and Bain Capital Double Impact. Its focus areas include Food and Agriculture, Food Service Chains, Restaurants and Limited Service. Its competitors include Burger King, First Watch, Cracker Barrel, Dennys and Tropical Smoothie Cafe and 3 more; 2 of its 8 listed competitors have raised funding.
Company details
Beatnic was founded in 2015 by Samantha Wasser in New York, United States. Operations are centered on a restaurant model within the food service sector, where a range of meals including salads, burgers, and sandwiches is provided to customers. The business maintains a physical presence in New York, focusing on casual dining options without additional specified services.
- Headquarters New York, United States
- Founders Samantha Wasser
- Stage Acquired
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website eatbeatnic.com
- Social LinkedIn X
- Acquired by INDAY (Dec 2023)
Funding Insights of Beatnic
Beatnic has successfully raised a total of $31M through 1 strategic funding round. The most recent funding activity was a Series A round of $31 million completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $31M
- Total Rounds 1
- Last Round Series A — $31M
- First Round $31M
(Apr 2018)
- Investors Count 1
All 1 funding rounds of Beatnic with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2018 | $31M | Series A | – | – |
2 investors in total: 2 institutional.
Investors in Beatnic
Beatnic has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include INDAY and Bain Capital Double Impact.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Impact investing in health, education, and sustainability with a focus on financial and social returns. | – | baincapitaldoubleimpact.com | - | |
Modern Indian cuisine is offered through restaurants and takeout options. | 2015 | indayallday.com | New York, United States |
Investor details for Beatnic
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People of Beatnic
1 people are tracked at Beatnic (1 in leadership).
| Name | Role | Group |
|---|---|---|
Samantha Wasser | Founder | Leadership |
Complete people profiles for Beatnic
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Timeline of Beatnic
3 dated milestones of Beatnic across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Beatnic is founded.
- Funding First funding round of $31.0M.
- Exit Acquired by INDAY.
Competitors of Beatnic
Beatnic has 8 listed competitors in our database, 2 of them funded. They include Burger King, First Watch, Cracker Barrel, Dennys and Tropical Smoothie Cafe, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bk.com | 1954 | Miami, United States | $100M | 40 | Burgers and fast food are served by a restaurant chain. | |
| firstwatch.com | 1983 | Bradenton, United States | – | 12,000 | A chain of limited-service restaurants is operated nationwide. | |
| crackerbarrel.com | 1969 | Lebanon, United States | – | 77,000 | A chain of limited-service restaurants is operated nationwide. | |
| dennys.com | 1953 | Spartanburg, United States | – | – | A chain of cafes is owned and operated by Denny's. | |
| tropicalsmoothiecafe.com | 1997 | Atlanta, United States | – | – | Owns and operates a chain of cafes | |
| jackinthebox.com | 1951 | San Diego, United States | – | 9,523 | Limited-service restaurant meals are offered through a national chain. | |
| bojangles.com | 1977 | Charlotte, United States | – | 2,607 | Fast food restaurant chain | |
| cloverfoodlab.com | 2008 | Cambridge, United States | $17.57M | 64 | American-style diner food is served by a Boston restaurant chain. |
Detailed competitors of Beatnic
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Top companies in Food Service Chains
10 companies that operate in the same segment as Beatnic (Food Service Chains), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Brand of craft beer and brewery chain operator | 2007 | Ellon, Aberdeenshire, United Kingdom | USD 440.93 M | USD 313.06 M | 1,122 | |
Chain of limited service restaurant serving coffee | 2017 | Jakarta, Jakarta, Indonesia | USD 240 M | – | 5,146 | |
Salads and meal bowls are offered by restaurant chains. | 2006 | Los Angeles, California, United States | USD 479.07 M | USD 679.47 M | 2,868 | |
Doughnuts and coffee are provided by the international chain. | 1937 | Winston-salem, North Carolina, United States | USD 114.68 M | USD 1.52 B | 21,000 | |
A chain of restaurants provides meals and catering services. | 2009 | Colorado City, Colorado, United States | USD 11.45 M | – | 526 | |
Provider of bakery-cafe services and a loyalty program | 1987 | St. Louis, Missouri, United States | USD 145.61 M | – | – | |
Coffee and related products are served by a restaurant chain. | 1993 | Bengaluru, Karnataka, India | USD 236.07 M | USD 110.67 M | 2,863 | |
Mediterranean fast-casual dining is provided by CAVA restaurants. | 2010 | Washington, District Of Columbia, United States | USD 680.15 M | USD 1.18 B | 10,690 | |
A chain of coffee houses is operated in Indonesia. | 2018 | Jakarta, Jakarta, Indonesia | USD 40 M | USD 89.74 M | 3,180 | |
Tea and snacks are served by Chaayos in limited-service restaurants. | 2012 | Delhi, Delhi, India | USD 94.23 M | USD 31.69 M | 2,075 |
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Frequently Asked Questions about Beatnic
Beatnic was founded in 2015 and raised its 1st funding round 3 years after it was founded.
Beatnic is headquartered in New York, United States. It is registered at New York, New York, United States.
Beatnic is a funded company, having raised a total of $31M across 1 funding round to date. The company's 1st funding round was a Series A of $31M, raised on Apr 2018.
Beatnic was founded in 2015 by Samantha Wasser in New York, United States. Operations are centered on a restaurant model within the food service sector, where a range of meals including salads, burgers, and sandwiches is provided to customers. The business maintains a physical presence in New York, focusing on casual dining options without additional specified services.
Beatnic's top competitors include Burger King, Cracker Barrel and Bojangles.
Beatnic has 2 investors. Key investors include INDAY, and Bain Capital Double Impact.
Yes. Beatnic was acquired by INDAY in December 2023.