CloudKitchens is a private company building in ghost kitchens / food delivery real estate and software, founded in 2016. Investors last valued the company at $15B (post-money). No public ticker exists for the company.
3 valuations. The latest, $15B post-money, was set by the Mixed Debt/Equity Round (predecessor entity) in Nov 2021.
Andreessen HorowitzLEAD
MicrosoftLEADSSaudi Arabia's Public Investment FundLEADTTravis Kalanick
Andreessen Horowitz
MicrosoftSaudi Arabia's Public Investment FundCloudKitchens is a Los Angeles-based company that operates ghost kitchens and develops related technology. CloudKitchens was established in 2016 by entrepreneurs Diego Berdakin and Sky Dayton, with its first facility in Los Angeles, California. In 2018, Travis Kalanick, cofounder of Uber, acquired a controlling stake in CloudKitchens' parent company, City Storage Systems, for approximately $150 million and became CEO. CloudKitchens builds ghost kitchens and other real estate for established chains such as Sweetgreen, The Halal Guys, Chick-fil-A, Wendy's, and Burger King.
Otter is a software suite developed by CloudKitchens to consolidate delivery orders from multiple platforms, and reportedly handled 18% of food delivery transactions in the U.S. as of 2024. Lab 37, a robotics division, built the Bowl Builder that can serve up to 200 meals per hour without human intervention.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds CloudKitchens.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. CloudKitchens availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — CloudKitchens included.
The routes section explains what is realistically available for a company at this stage.
No. CloudKitchens is a private company; its shares do not trade on a public exchange.
The last valuation is $15B (post-money, Nov 2021).
Lead investors for each round are in the funding timeline.
The closest ghost kitchens / food delivery real estate and software peers are on the competitors page.