inKind operates a dual-sided marketplace that provides debt-free funding to restaurants. The company purchases food and beverage credit from partner establishments at a discount, then resells this credit to consumers through its mobile app. This model allows restaurants to access low-cost capital without taking on debt, while diners earn cash back on their meals.
The platform has deployed over $600 million in capital to more than 6,000 partner restaurants across 44 states in the United States. Its consumer-facing mobile app has attracted over 4 million users, who can earn up to 20% cash back on every meal at participating venues. The company is headquartered in Austin, Texas.
inKind's technical operations span fintech, mobile app development, and marketplace platform engineering. The company is backed by investors including Jay-Z's MarcyPen Capital Partners, Yahoo co-founder Jerry Yang, and all four members of Metallica.
