CloudKitchens

CloudKitchens

Provides shared kitchen spaces for delivery-only restaurants

About CloudKitchens

Simplify's Rating
Why CloudKitchens is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Food & Agriculture

Company Size

201-500

Company Stage

Late Stage VC

Total Funding

$1.2B

Headquarters

Los Angeles, California

Founded

2018

Overview

CloudKitchens provides shared kitchen spaces specifically designed for delivery-only restaurants. These kitchens are fully equipped and allow restaurant operators to focus on food quality and employee satisfaction while alleviating the challenges of financing, construction, and technology. Clients, including national chains and local operators, can quickly open new kitchens, test food concepts, and optimize delivery operations with minimal investment and risk. CloudKitchens generates revenue by renting out kitchen spaces and offering additional services, including proprietary technology for managing delivery orders. The goal is to support restaurant operators in expanding their delivery services efficiently and effectively.

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Simplify's Take

What believers are saying

  • CloudKitchens received significant investment from Microsoft, indicating confidence in its model.
  • Expansion into Sacramento and Houston shows growth potential in new markets.
  • Increased consumer interest in ghost kitchens due to desire to avoid social interaction.

What critics are saying

  • CloudKitchens faces lawsuits for discrimination and labor violations, affecting reputation.
  • Underutilized facilities and staff layoffs indicate potential operational inefficiencies.
  • Shift away from virtual kitchens by major brands could impact CloudKitchens' model.

What makes CloudKitchens unique

  • CloudKitchens offers fully equipped shared kitchens for delivery-only restaurants.
  • The company provides proprietary technology for managing delivery orders efficiently.
  • CloudKitchens allows testing multiple food concepts from a single kitchen.

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Funding

Total Funding

$1215.9M

Above

Industry Average

Funded Over

2 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Health Insurance

Hybrid Work Options

Performance Bonus

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-11%
Nation's Restaurant News
Sep 26th, 2024
Travis Kalanick's CloudKitchens sued by former employee for discrimination and sexual harassment

Additionally, CloudKitchens faced a series of lawsuits in 2022, with former ghost kitchen partners suing the company for deceptive business practices, as well as another two lawsuits filed separately by former employees for labor violations, alleging missed overtime pay, and gender- and race-based pay discrimination.

LatamList
Mar 14th, 2024
Solar Power Startup Niko Raises $3.3M

Mexican climate tech Niko has raised $3.3M in a seed round led by Picus Capital and 468 Capital, with participation of other VCs and angel investors.With the funds, Niko aims to tackle Mexico’s solar power challenges and high electricity costs by providing a full-suite of services from financing, installation, and maintenance to residential customers and small commercial companies.“Electricity costs, here in Mexico, for at least a portion of the population, are higher than in California. With our service, residential customers will save between 20-40% on their monthly utility bills, while small commercial customers will save up to 20%,” explained Raffaele Sertorio, Co-founder of Niko.Niko utilizes satellite technology to generate quotes for the solar panel installation within a few hours. It also grants access to credit lines through a fully digital process with rapid approval times.Niko was co-founded by Sertorio and Edoardo Dellepiane, former executives at CloudKitchen.Source: TechCrunch

CloudKitchens
Dec 18th, 2023
Reach 616,000 New Customers Through Delivery with 3rd Houston Ghost Kitchen

HOUSTON, TEXAS, (DECEMBER 18th 2023) | CloudKitchens is opening its 3rd facility in Houston, TX.

PYMNTS
Nov 15th, 2023
1 In 7 Consumers Chooses Ghost Kitchens To Skip Social Interaction

While the majority of consumers are not sold on ghost kitchens, a significant portion relishes the reprieve that the all-digital model gives from face-to-face interaction.By the NumbersThe PYMNTS Intelligence report, “Connected Dining: The Robot Will Take Your Order Now,” drew from a survey of a census-balanced survey of nearly 2,000 U.S. consumers to gauge their opinions about different restaurant technologies and explore what factors made them feel enthusiastic, curious or hesitant.The study found that, among the roughly half (48%) of consumers who are interested in virtual kitchens, 30% of them reported that this interest comes at least in part from the fact that these digital eateries do not require any interaction with other people.The Data in ContextOverall, the ghost kitchen space is evolving. For instance, major restaurant aggregator Uber Eats made dramatic changes to how it handles virtual brands earlier this year, instating new regulations and cutting 8,000 online storefronts from its platform.“With the boom in virtual restaurants over the past several years, we’ve noticed a wide range of approaches to creating virtual restaurant brands,” John Mullenholz, Uber’s head of virtual restaurants and dark kitchens for the U.S. and Canada, said in a statement.Some brands are shifting away from ghost kitchens towards more traditional channels. Take, for instance, Brinker International, the parent company of Chili’s Grill & Bar, Maggiano’s Little Italy and two virtual brands, which shared earlier this year that it is turning its focus away from its “unprofitable” virtual brands, according to CEO Kevin Hochman, toward its brick-and-mortar business.Moreover, ghost kitchen startup CloudKitchens, led by Uber co-founder and ex-CEO Travis Kalanick, has also come on hard times this year, reportedly firing staff and closing warehouses. Its buildings were said to be only at half capacity at the end of the first quarter, with the company failing to win enough restaurant contracts to fuel sales

CloudKitchens
Nov 15th, 2023
521,000 Residents, 60% Ordering Out Weekly. New Sacramento Ghost Kitchen Primed for Delivery Success.

SACRAMENTO, CALIFORNIA, (NOVEMBER 15th 2023) | CloudKitchens is opening it's first ghost kitchen in Sacramento!

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