Financials: Page 16

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    Courtesy of Nuro
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    Chipotle invests in self-driving delivery company Nuro

    This marks the first time the fast casual chain has significantly funded a third-party technology company since 2018 and follows recent tech acquisitions by McDonald's and Yum Brands.

    By • March 25, 2021
  • Olo founder Noah Glass on Olo's first day of trading
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    Permission granted by Olo
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    What Olo's $450M IPO means for the restaurant industry

    Founder and CEO Noah Glass talks about how he wants to expand Olo's digital ordering capabilities with an influx of capital after shares rose 39% during day one of trading.

    By • March 19, 2021
  • Torchy's Tacos family pack
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    Permission granted by Torchy's Tacos
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    Torchy's Tacos eyeing IPO, Bloomberg reports

    The fast casual chain, which added 12 new units in 2020, could raise $300 million and debut with a $1 billion valuation, per the publication. 

    By • March 15, 2021
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    Mike Mozart via Flickr
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    Shake Shack borrows $225M to support expansion plans

    The funding will be used to aid opening additional units, new store formats and drive-thrus, as well as improvements to the digital guest experience and further investments in talent development. 

    By • March 2, 2021
  • Olo's curbside enhancement offering launched in 2020
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    Retrieved from Olo/Business Wire on February 22, 2021
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    Olo files to go public with $100M offering

    The software company posted a 94% increase in revenue during 2020 as customers shifted toward digital ordering channels during the pandemic. 

    By • Feb. 23, 2021
  • Toast Inc. point of sale device
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    Courtesy of Toast Inc.
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    Toast considering IPO valued at $20B, WSJ reports

    The software company, which processed 50 million digital guest orders in 2020, is also exploring a sale or merger with a special purpose acquisition corporation, per the publication.

    By • Feb. 22, 2021
  • Danny Meyer
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    "Danny Meyer: Whoever Wrote the Rule" by Produce Marketing Association is licensed under CC BY-ND 2.0
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    Danny Meyer's SPAC seeks $250M in IPO

    USHG Acquisition Corp. isn't interested in just restaurant companies, listing businesses from tech to e-commerce and health to retail for potential mergers.

    By • Feb. 8, 2021