For restaurants looking to grow, inKind offers a unique funding model, and it just raised $320.0M to expand that mission. The company, established in 2016, provides capital to eateries of all shapes and sizes, a strategy developed after its founders ran a restaurant incubator in Washington D.C.
inKind's system involves providing funding to restaurants in exchange for credit, which it then uses to market and sell high-value gift cards to consumers. This creates a self-sustaining cycle, helping restaurants thrive while connecting diners with enriching experiences.
