# Restaurant Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/restaurant-technologies

- Industry: Business Support Services
- Headquarters: Mendota Heights, US
- Website: www.rti-inc.com
- Total disclosed funding: $9M
- Latest round: Series A (Feb 16, 2006)
- Investors on record: 5

## About

Restaurant Technologies, Inc. is a U.S.-based company specializing in automated cooking oil management solutions for restaurants and commercial kitchens, enhancing efficiency and safety in food service operations.Founded in 1997 and headquartered in Mendota Heights, US, Restaurant Technologies, Inc. offers automated cooking oil management solutions. The company has raised a total of USD 9.00 mn, with the latest funding round being a Series A from investors including ABS Capital Partners, Bain Capital, and others. Jeffrey Kiesel serves as the CEO.Restaurant Technologies, Inc. specializes in providing comprehensive cooking oil management solutions tailored for restaurants and commercial kitchens. Their core offerings include an automated cooking oil management system that streamlines the handling, delivery, filtration, and recycling of cooking oil. This system eliminates the need for manual oil handling, thereby addressing challenges like labor inefficiency, safety risks associated with hot oil, and maintaining consistent food quality. The company serves a diverse client base, including independent restaurants, national chains, convenience stores, and food service operations in various sectors such as hospitality and education. Restaurant Technologies operates primarily in the United States, with a robust network of 41 depots and service centers nationwide, allowing them to efficiently meet the needs of over 45,000 customers.In the most recent year, Restaurant Technologies reported a revenue of USD 136.00 mn and an EBITDA of USD 34.00 mn. Their revenue is generated through a combination of subscription-based services, direct sales, and partnerships with commercial kitchens and food service providers, focusing on long-term contracts for automated cooking oil management systems.Restaurant Technologies, Inc. aims to leverage the recent funding of USD 9.00 mn from its Series A round to develop new products that enhance their automated cooking oil management systems. The company is exploring expansion into new markets, particularly targeting regions with high concentrations of restaurants and food services by 2025. Additionally, the funding will support strategic initiatives that enhance operational capabilities and customer service.

## Funding rounds

- Series A, Feb 16, 2006, $9M — ABS Capital Partners, Parthenon Capital, Bain Capital, MCG Capital, Gemini Investors

## Investors

- ABS Capital Partners (https://capitalatlas.ai/funds/abs-capital-partners) — Series A
- Parthenon Capital (https://capitalatlas.ai/funds/parthenon-capital) — Series A
- Bain Capital (https://capitalatlas.ai/funds/bain-capital) — Series A
- MCG Capital (https://capitalatlas.ai/funds/mcg-capital) — Series A
- Gemini Investors (https://capitalatlas.ai/funds/gemini-investors) — Series A