inKind Funding, Investors & Competitors

inKind has raised $459M across 7 funding rounds, most recently a $450M undisclosed-stage round in February 2026.

Last inKind funding round

$450M

Undisclosed stage · Feb 2026

Cumulative funding inKind raised

$459M

across 7 funding rounds

Key investors in inKind

  • Techstars
  • Firebrand Ventures
  • Jenny Just
  • Matt Hulsizer
  • Sarosh Mistry
  • Vasanth Williams

inKind Overview

About inKind

inKind is a restaurant rewards platform operating in 5,000 US locations. Diners earn points redeemable for gift cards by scanning receipts from partners like Chipotle and Starbucks. Launched in 2021, inKind has distributed millions in rewards, focusing on everyday spending at independent eateries and chains.


Founded

2014

HQ

United StatesAustin, TX

Website

inkind.com

Status

Privately held

Customer focus

B2C

Revenue model

Commission

inKind Funding History

inKind has raised a total of $459M across 7 funding rounds.

inKind's first fundraising round was a $500K seed round in August 2014. The most recent completed round was a $450M undisclosed-stage round in February 2026.

inKind funding rounds

inKind funding rounds
DateStageInvestorsRaisedDeal Summary
Feb 2026Undisclosed stageVasanth Williams; Sarosh Mistry; Jenny Just; Matt Hulsizer$450MinKind, a leading restaurant commerce enablement platform founded in 2016, closed a $450 million capital raise on February 17, 2026, from prominent investors including Matt Hulsizer and Jenny Just (Peak6 founders), Sarosh Mistry (former Sodexo US CEO), and Vasanth Williams (Conde Nast CPTO). The Austin-based company connects over 4 million US customers with 6,000 restaurant partners, providing low-cost capital investments for restaurants and exclusive dining rewards for consumers. It has already infused over $600 million into successful groups like MINA Group, Ethan Stowell Restaurants, José Andrés Group, and independents such as Ok’n, Kann, and Superiority Burger. The funding, described as a mix of equity and debt, will accelerate platform growth to an additional 10,000 US restaurants over the next year, with a focus on underserved markets, independent restaurants, and emerging chains. Proceeds will also fuel proprietary technology development, including expanded financial products like growth capital, equipment financing, and improved debt access. inKind was created by CEO Johann Moonesinghe, his late brother Rajan, husband Andrew Harris, and Marcus Triest, drawing from their experience owning restaurants like The Guest House in Austin and Las Vegas, Etta Scottsdale, and Ember Kitchen. The platform redefines restaurant funding by offering sustainable alternatives to traditional models that drain equity and cash flow, enabling operators to invest in staff and operations while delivering savings and rewards to diners through a seamless app.
Oct 2021Seed-$2M-
Apr 2018Series A-$5MinKind, founded in 2018 by Miles Matthias, Andrew Harris, and Johann Moonesinghe, raised a total of $5.27M across 2 funding rounds, with its first round being a Series A on April 14, 2018. The company operates in the restaurant financing and commerce enablement space, offering products like the inKind App and competing with entities such as Best Restaurant Loan and Capital for Restaurants. Investors in early rounds included FJ Labs and Firebrand Ventures.
Mar 2017SeedTechstars (lead); Firebrand Ventures$500K-
Mar 2016Pre-seedTechstars (lead)$200K-
Apr 2015Pre-seedTechstars (lead)$100K-
Aug 2014SeedTechstars$500K-

Who has invested in inKind?

6 investors have backed inKind across its funding rounds, including Techstars, Firebrand Ventures, Jenny Just, Matt Hulsizer, Sarosh Mistry and Vasanth Williams.

Lead investors include Techstars.


inKind Investors

Investors in inKind by funding rounds participated
InvestorHQRoundsRoleFirst check
TechstarsUnited StatesBoulder, CO4LeadAug 2014
Vasanth WilliamsUnited StatesUnited States1ParticipantFeb 2026
Sarosh MistryUnited StatesUnited States1ParticipantFeb 2026
Jenny JustUnited StatesUnited States1ParticipantFeb 2026

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Acquisitions by inKind

inKind has acquired 1 company to date.

Last acquisition by inKind was on May 1st 2024. inKind acquired Etta Collective for $4M.


Latest Acquisitions by inKind

Etta Collective
Description
Etta Collective is a Seattle-based hospitality group operating restaurants like Etta's Seafood and The Pink Door, specializing in Pacific Northwest cuisine with fresh seafood, pasta, and Italian-inspired dishes. It manages catering for events and provides beverage programs featuring local wines and craft cocktails.
HQ CountryUnited States
HQ City
Chicago, IL
Deal Date1 May 2024
Valuation$4M
EV/Revenue
EV/EBITDA

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inKind Competitors

inKind competitors include listed companies like Ziff Davis and Eagle Eye, and private ones like Bilt Rewards, Fetch, Boost and Alpaca.

Public and private companies comparable to inKind
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Bilt RewardsUnited StatesNew York City, NYPrivate$1B-$11B10.8x
FetchUnited StatesMadison, WIPrivate$500M-$2.5B-
Ziff DavisUnited StatesUnited StatesPublicly listed$1.5B$335M$2B1.0x
BoostMalaysiaKuala LumpurPrivate--$1.5B-
AlpacaUnited StatesOmaha, NEPrivate$100M-$1.1B11.5x
Eagle EyeUnited KingdomUnited KingdomPublicly listed$65M$15M$190M2.6x

inKind Public Comps

inKind is still privately-owned, but its public comps include Pluxee, Ziff Davis, QuinStreet, Ibotta, Eurowag, Groupon, MetropolCard, Eagle Eye, Méliuz and Klevo Rewards.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Pluxee$1.5B$500M----
Ziff Davis$1.5B$335M0.9x1.0x3.8x3.3x
QuinStreet$1.3B$61M0.7x0.7x15.8x7.9x
Ibotta$342M$7M2.5x2.4x114.9x15.3x
Eurowag$2.7B$119M0.5x3.0x10.3x7.5x
Groupon$498M($19M)1.7x1.7x(45.9x)11.4x
MetropolCard$42M$21M4.2x-8.6x-
Eagle Eye$65M$15M2.6x2.6x11.6x12.3x

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Common questions about inKind

When was inKind founded?inKind was founded in 2014.
Where is inKind headquartered?inKind is headquartered in Austin, TX, United States.
Is inKind publicly listed?No, inKind is a private, VC-backed company.
How much funding has inKind raised?inKind has raised $459M across 7 funding rounds.
What was inKind's last funding round?inKind's last funding round was a $450M undisclosed-stage round in February 2026.
Who are inKind's investors?inKind's investors include Techstars, Vasanth Williams, Sarosh Mistry, Jenny Just, Firebrand Ventures and Matt Hulsizer.
Which companies are comparable to inKind?Companies comparable to inKind include Bilt Rewards, Fetch, Ziff Davis, Boost, Alpaca and Eagle Eye.
How many companies has inKind acquired?inKind has acquired 1 company, including Etta Collective.
What was the largest acquisition by inKind?The $4M acquisition of Etta Collective in May 2024 is the largest acquisition inKind has made to date.

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