Meet the entrepreneur whose ghost kitchen for hotels just raised $15 million at an $85 million valuation:
, an on-demand platform for room service and amenities, that serves as a ghost kitchen for hotels. The company announced that it had closed a $15 million Series A round, led by &vest, with participation by Mousse Partners and existing investors Scopus Ventures, Kraft group and Loeb.nyc. The latest round brings the company’s valuation to $85 million.
The company operates from four such hotel restaurants in New York, delivering food and other room service amenities to 119 hotels and a total of over 30,000 rooms. Among its clients, Butler Hospitality counts hotels like Hilton, Marriott, Hampton Inn, and Holiday Inn.Gjonbalic says that the company has doubled the room count it serves year over year, ending the year with 250 employees .
Though the investment comes at a difficult time for the hospitality and tourism industries as Covid-19 has had a decimating effect, Gjonbalic is hopeful that hotels and in-room service won’t lose their charm, as soon the industries recover.
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