Friday, October 29, 2021

Salted Scores $16M For Virtual Restaurant Brands

Los Angeles-based Salted, which creates what it calls "digitally native" quick serve restaurant brands, says it has raised $16M in a Series A funding. The company says the funding came from Creadev, along with Proof Ventures and B. Riley Financial. The company has now raised $20M in total. The company said it runs six brands, including moonbowls, Califlower Pizza and lulubowls, which are delivered via food delivery. The company operates 19 kitchens, each of which has four to six brands, part of the move to create "ghost kitchen" operations which prepare multiple kinds of food for delivery only by delivery app or online ordering. The company is led by CEO Jeff Applebaum.