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