About Kettle Cuisine
Kettle Cuisine is a company based in Lynn (United States) founded in 1986 was acquired by L Catterton in December 2022.. The company has 617 employees as of December 31, 2021. Kettle Cuisine has completed 2 acquisitions, including Del Monaco Foods and Harry's Fresh Foods. Kettle Cuisine offers products and services including Soups and Broths.
- Headquarter Lynn, United States
- Employees 617 as on 31 Dec, 2021
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Kettle Cuisine, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Kainos Group
& 2 more
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Employee Count
617
as on Dec 31, 2021
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Investments & Acquisitions
Del Monaco Foods
& 1 more
- Acquired by
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Products & Services of Kettle Cuisine
Kettle Cuisine offers a comprehensive portfolio of products and services, including Soups and Broths. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Frozen and refrigerated soups are manufactured for wholesale markets.
Various broths are produced and distributed for foodservice applications.
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Software Development Team
14 people
Leadership Team
7 people
Sales and Marketing
7 people
Human Resources and Administration
6 people
Finance and Accounting
6 people
Product Management Team
5 people
Data Analysis and Operations Team
2 people
Operations Team
2 people
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Funding Insights of Kettle Cuisine
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2011 | Amount | Debt – Conventional - Kettle Cuisine | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Kettle Cuisine
Kettle Cuisine has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Kainos Group, Maranon Capital and L Catterton. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and debt investments are managed by the firm.
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Founded Year | Domain | Location | |
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L Catterton is recognized as a leading consumer-focused private equity group.
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Founded Year | Domain | Location | |
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Provider of web design, software development, data analytics, and digital transformation services
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Kettle Cuisine
Kettle Cuisine has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Del Monaco Foods and Harry's Fresh Foods. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Soups, sauces, and specialty food items are branded and distributed.
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1998 | ||||
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Brand of soups
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1977 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Kettle Cuisine
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Kettle Cuisine Comparisons
Competitors of Kettle Cuisine
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Kettle Cuisine
When was Kettle Cuisine founded?
Kettle Cuisine was founded in 1986 and raised its 1st funding round 25 years after it was founded.
Where is Kettle Cuisine located?
Kettle Cuisine is headquartered in Lynn, United States. It is registered at Lynn, Massachusetts, United States.
Who is the current CEO of Kettle Cuisine?
Liam Mcclennon is the current CEO of Kettle Cuisine.
How many employees does Kettle Cuisine have?
As of Dec 31, 2021, the latest employee count at Kettle Cuisine is 617.
What does Kettle Cuisine do?
Kettle Cuisine was established in 1986 in Lynn, United States, as a private label manufacturer in the food sector. Sauces and condiments are produced through specialized operations focused on quality control and customization for client specifications. The company serves domestic markets by providing manufacturing services to other brands, with leadership directed by CEO Liam Mcclennon. Facilities are maintained in Lynn to support ongoing production needs.
What products or services does Kettle Cuisine offer?
Kettle Cuisine offers Soups and Broths.
How many acquisitions has Kettle Cuisine made?
Kettle Cuisine has made 2 acquisitions, including Del Monaco Foods, and Harry's Fresh Foods.
Who are Kettle Cuisine's investors?
Kettle Cuisine has 3 investors. Key investors include Kainos Group, Maranon Capital, and L Catterton.