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Starbird Chicken Closes $12 Million Capital Raise

Nov 08, 2021•almost 4 years ago

Amount Raised

$12 Million

San Francisco

Description

Starbird Chicken, the nation's first super-premium fast food concept, announced today the closing of a $12 million capital raise. The fundraise was led by KarpReilly and will ignite Starbird Chicken's next phase of growth, which includes development of additional company-owned restaurants and ghost kitchens, increasing licensing engagements, and launching its franchise offering.

Company Information

Company

Starbird Chicken

Location

San Francisco, California, United States

About

Starbird Chicken is fundamentally changing the future of fast food by delivering feel good crispy chicken and a positive, tech-driven customer experience. Starbird was founded in 2016 by restaurant innovators at The Culinary Edge (TCE), when the restaurant consultancy recognized that chicken consumption was on the rise and set out to reimagine fast food to meet the needs of a new America and their tastebuds. Built upon pillars of culinary innovation, a frictionless service model, and operational excellence, Starbird has successfully established a forward-thinking concept, leading the super-premium fast food marketplace and national brand recognition within the $34-billion U.S. chicken marketplace. A scalable concept from day one, Starbird has grown rapidly from one location to nine, with four more openings planned in 2021. See www.starbirdchicken.com for more information.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech