Zuul raises funds to expand presence in New York

23rd July 2020 (Last Updated July 23rd, 2020 11:47)

US-based kitchen operator Zuul has received $9m in funding to expand ghost kitchen operations across New York City, US.

Zuul raises funds to expand presence in New York
Zuul’s kitchens are optimised for delivery-only operations and enable brands to expand their market share without the high risk and structural costs. Credit: Peter Dawn / Unsplash.

US-based kitchen operator Zuul has received $9m in funding to expand ghost kitchen operations across New York City, US.

Zuul’s kitchens are optimised for delivery-only operations and enable brands to expand their market share without the high risk and structural costs.

The company offers a scalable, plug-and-play infrastructure around its kitchens and offers them a proprietary digital marketplace to support demand generation.

Additionally, it extends the delivery capabilities of restaurants and virtual brands that services both residential and commercial customers by providing them with onsite operational support.

Zuul Corey co-founder and CEO Manicone said: “By raising this additional capital, Zuul can continue to play a central role in the restaurant industry’s accelerating shift toward delivery while addressing the challenges this shift presents.

“We partner with restaurants to improve the experience end-to-end. As Zuul expands, so too can our members dynamically scale and drive attractive incremental unit economics.”

Zuul co-founder and CBO Sean Fitzgibbons said: “Zuul’s physical and digital infrastructure provides the differentiated value layer in the tech-enabled food delivery evolution. This is reflected by the waiting list of brands who have already committed to partnering with Zuul future locations across NYC.”

Earlier this year, Zuul acquired online food-ordering platform Ontray for an undisclosed amount. The acquisition enables the company to offer restaurants digital ordering services through their own websites.

Based in Manhattan, US, Zuul has a 5,000ft² facility with nine kitchens. The company currently operates its flagship location at 30 Vandam Street in New York.