About Local Kitchens
Local Kitchens is a company based in Cupertino (United States) founded in 2020 by Andrew Munday and Jon Goldsmith.. Local Kitchens has raised $65 million across 2 funding rounds from investors including Fifth Wall, Pear VC and General Catalyst. Local Kitchens operates in a competitive market with competitors including OrderAhead, Swipeby, AirGrub, Elevate Meal Plan and MobileNosh, among others.
- Headquarter Cupertino, United States
- Founders Andrew Munday, Jon Goldsmith
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Local Food Group Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$65 M (USD)
in 2 rounds
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Latest Funding Round
$40 M (USD), Series B
Jun 25, 2024
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Investors
Fifth Wall
& 5 more
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Employee Count
Employee Count
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Funding Insights of Local Kitchens
Local Kitchens has successfully raised a total of $65M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in June 2024. 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 Total Funding
- Total Rounds 2
- Last Round Series B — $40.0M
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First Round
First Round
(28 Jun 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2024 | Amount | Series B - Local Kitchens | Valuation | General Catalyst | |
| Jun, 2021 | Amount | Series A - Local Kitchens | Valuation | General Catalyst |
| 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 Local Kitchens
Local Kitchens has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Fifth Wall, Pear VC and General Catalyst. 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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Investment and transformation services for entrepreneurs in technology and finance sectors.
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Founded Year | Domain | Location | |
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Venture capital investments are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Seed & early stage VC firm investing the US
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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 Local Kitchens
| 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 |
Financial Statements - Local Kitchens
| 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 |
Local Kitchens Comparisons
Competitors of Local Kitchens
Local Kitchens operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as OrderAhead, Swipeby, AirGrub, Elevate Meal Plan and MobileNosh, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobile based free pick up service
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| domain | founded_year | HQ Location |
Curbside pickup for restaurant orders is enabled via mobile app.
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| domain | founded_year | HQ Location |
A food discovery platform tailored for airport users.
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| domain | founded_year | HQ Location |
Offers meal credits for student dining at university-area restaurants to save money.
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| domain | founded_year | HQ Location |
Online ordering solutions are provided to restaurants by MobileNosh.
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| 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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Latest news on Local Kitchens
Frequently Asked Questions about Local Kitchens
When was Local Kitchens founded?
Local Kitchens was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Local Kitchens located?
Local Kitchens is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.
Who is the current CEO of Local Kitchens?
Jon Goldsmith is the current CEO of Local Kitchens. They have also founded this company.
Is Local Kitchens a funded company?
Local Kitchens is a funded company, having raised a total of $65M across 2 funding rounds to date. The company's 1st funding round was a Series A of $25M, raised on Jun 28, 2021.
What does Local Kitchens do?
Local Kitchens, founded in 2020 in Cupertino, United States, focuses on food and agriculture tech, developing food technology, food discovery and ordering, restaurant aggregator, and takeaway. Online platform for food discovery and ordering. The company is dedicated to excellence, innovation, and customer satisfaction, ensuring sustainable practices and long-term success in its sectors.
Who are the top competitors of Local Kitchens?
Local Kitchens's top competitors include Swipeby, OrderAhead and MobileNosh.
Who are Local Kitchens's investors?
Local Kitchens has 6 investors. Key investors include Fifth Wall, Pear VC, General Catalyst, Human Capital, and Stanley Tang.
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