In-N-Out Burger
In-N-Out Burger Raises $3B in Private
Quick Facts
In-N-Out Burger Raises $3B in Private
In-N-Out Burger has successfully raised $3B in a Private at a $5B valuation led by Private.
Company Overview
In-N-Out Burger is a Restaurants company headquartered in 13502 Hamburger Lane, Baldwin Park, CA 91706, founded in 1948 with 35000+ employees.
Fast food restaurant chain
Fundraising Details
- Amount Raised: $3B
- Round Type: Private
- Valuation: $5B
- Date: 2024-01-01
- Investors: Private
About In-N-Out Burger
Fast food restaurant chain The company is positioned in the Restaurants sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 13502 Hamburger Lane, Baldwin Park, CA 91706
- Founded: 1948
- Team Size: 35000+
- Industry: Restaurants
What This Means
This funding round demonstrates strong investor confidence in In-N-Out Burger's vision and execution. The capital will likely be used to:
- Scale Operations: Expand the team and operational capacity
- Product Development: Enhance existing products and develop new features
- Market Expansion: Enter new markets and strengthen presence in existing ones
- Technology Investment: Invest in infrastructure and technology capabilities
Industry Context
The Restaurants sector continues to attract significant investment as companies innovate to meet evolving market demands. In-N-Out Burger's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $5B valuation marks an important milestone for In-N-Out Burger, positioning the company among notable players in the Restaurants industry.
Looking Ahead
With this new capital, In-N-Out Burger is well-positioned to execute on its growth strategy and continue building innovative solutions in the Restaurants space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.
This fundraising news was reported on 2024-01-01. For more information about In-N-Out Burger, visit their headquarters at 13502 Hamburger Lane, Baldwin Park, CA 91706.
About the Author
Related Company Reports
Harvey AI Raises $160 million in Series F
Harvey AI, a AI Software company based in San Francisco CA, has raised $160 million in Series F at a $8 billion valuation led by Andreessen Horowitz.
7AI Raises $130 million in Series A
7AI, a Cybersecurity company based in Boston MA, has raised $130 million in Series A at a $700 million valuation led by Index Ventures.
TRIANA Biomedicines Raises $120 million in Series B
TRIANA Biomedicines, a Biotechnology company based in Lexington MA, has raised $120 million in Series B at a Undisclosed led by Ascenta Capital.