inKind

company

About

inKind finances restaurants by purchasing large amounts of food and beverage credits upfront, and then selling that F&B credit to consumers.

Details

Last Funding Type
Seed
Last Funding Money Raised
$2.43M
Industries
E-Commerce,FinTech,Food and Beverage,Gift Card,Local Business,Restaurants,Small and Medium Businesses
Founded date
Jan 1, 2014
Number Of Employee
11 - 50
Operating Status
Active

inKind is a Certified B Corporation that finances restaurants by purchasing large amounts of food and beverage credits upfront, and then selling that F&B credit to consumers. Our financing ranges from $10k - $1.5m, and we have worked with 350+ restaurants in the United States and Australia as of 2019.

inKind sells the F&B credit through it's House Account platform. A restaurant in Austin, TX was able to measure customer spend before and after consumers bought House Accounts and the results were astonishing. Consumers were spending 400% more annually through increased frequency of visit and increased spend after they purchased a House Account.

While inKind's core business is financing restaurants, it's also created the best loyalty product on the market.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
5
$8.93M
inKind has raised a total of $8.93M in funding over 2 rounds. Their latest funding was raised on Oct 1, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 1, 2021 Seed $2.43M Detail
Apr 27, 2018 Series Unknown $5.30M Detail
Mar 25, 2017 Seed 1 Detail
Mar 1, 2016 Series Unknown $700K 1 Detail
Aug 26, 2014 Series Unknown $500K 2 Detail

Investors

Number of Lead Investors
Number of Investors
3
inKind is funded by 3 investors. Firebrand Ventures and Techstars Ventures are the most recent investors.
Investor Name Lead Investor Funding Round
Firebrand Ventures Seed
Techstars Ventures Series Unknown
Techstars Series Unknown

Employee Profiles

Number of Employee Profiles
10
inKind has 10 current employee profiles, including Executive Johann Moonesinghe
Executive
Executive
Board member
Executive
Executive