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- inKind
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
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
Website
Status
Privately held
Customer focus
B2C
Revenue model
Commission
Sectors
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
| Date | Stage | Investors | Raised | Deal Summary |
|---|---|---|---|---|
| Feb 2026 | Undisclosed stage | Vasanth Williams; Sarosh Mistry; Jenny Just; Matt Hulsizer | $450M | inKind, 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 2021 | Seed | - | $2M | - |
| Apr 2018 | Series A | - | $5M | inKind, 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 2017 | Seed | Techstars (lead); Firebrand Ventures | $500K | - |
| Mar 2016 | Pre-seed | Techstars (lead) | $200K | - |
| Apr 2015 | Pre-seed | Techstars (lead) | $100K | - |
| Aug 2014 | Seed | Techstars | $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
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 4 | Lead | Aug 2014 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
| 1 | Participant | Feb 2026 | ||
This data is available for Pro users. Sign up to see all 6 inKind investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAcquisitions 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
| 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 Country | |
| HQ City | Chicago, IL |
| Deal Date | 1 May 2024 |
| Valuation | $4M |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all inKind acquisitions and their M&A valuation multiples. Start Free Trial | |
inKind Competitors
inKind competitors include listed companies like Ziff Davis and Eagle Eye, and private ones like Bilt Rewards, Fetch, Boost and Alpaca.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $1B | - | $11B | 10.8x | ||
| Private | $500M | - | $2.5B | - | ||
| Publicly listed | $1.5B | $335M | $2B | 1.0x | ||
| Private | - | - | $1.5B | - | ||
| Private | $100M | - | $1.1B | 11.5x | ||
| Publicly listed | $65M | $15M | $190M | 2.6x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $1.5B | $500M | - | - | - | - | |||
| $1.5B | $335M | 0.9x | 1.0x | 3.8x | 3.3x | |||
| $1.3B | $61M | 0.7x | 0.7x | 15.8x | 7.9x | |||
| $342M | $7M | 2.5x | 2.4x | 114.9x | 15.3x | |||
| $2.7B | $119M | 0.5x | 3.0x | 10.3x | 7.5x | |||
| $498M | ($19M) | 1.7x | 1.7x | (45.9x) | 11.4x | |||
| $42M | $21M | 4.2x | - | 8.6x | - | |||
| $65M | $15M | 2.6x | 2.6x | 11.6x | 12.3x | |||
This data is available for Pro users. Sign up to see all inKind competitors and their valuation data. Start Free Trial | ||||||||
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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