inKind Raises $414M Growth Capital
inKind raises $414M in financing led by Citi and Cross River to scale its restaurant commerce and capital platform for thousands of operators.
inKind Raises $414M in Financing
inKind, a restaurant commerce platform based in Austin, Texas, that connects diners with restaurants through capital, technology, and demand generation tools, has secured $414 million in a new financing round. This latest capital infusion brings the company's total funding to over $1.2 billion.
Investors
The financing round was led by Citi and Cross River, with additional participation from Sagard, Varadero Capital, and Trinity Capital.
inKind Use of Funds
inKind intends to deploy more than $1 billion in growth capital to approximately 10,000 restaurants over the next year. The funds will be used to scale the company's restaurant commerce infrastructure, which provides operators with capital, financial tools, and AI-native guest demand generation capabilities.
About inKind
Founded in 2014 by Johann Moonesinghe, Rajan Moonesinghe, Andy Harris, and Jonathan de Wolff, inKind provides a growth operating system for the restaurant industry. The company offers upfront capital and marketing tools to help independent restaurants and restaurant groups grow without relying on traditional debt or dilutive equity.
Funding Details
Company Website: https://inkind.com
Company: inKind
Raised: $414M
Round: Growth Capital
Funding Date: August 10, 2026
Lead Investor: Citi, Cross River
Additional Investors: Sagard, Varadero Capital, Trinity Capital
Software Category: FinTech
Source: https://www.prnewswire.com/news-releases/inkind-secures-414-million-in-financing-led-by-citi-and-cross-river-surpassing-1-2-billion-in-total-capital-raised-302847326.html