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Venture Capital News: Cheetah Technologies Grabs $14M

2024-05-09
SAN FRANCISCO, CA, Cheetah Technologies announces a $14 million round of funding in conjunction with the appointment of their new CEO Kim Spalding.
Cheetah Technologies, a restaurant supply technology and food distribution innovator, officially announced the appointment of their new CEO, technology and operations veteran, Kim Spalding. Over the last several months, Spalding and the Cheetah board collaborated on an additional $14 million round of funding, focused on the continued development and scaling of the company's technology platform.

Cheetah is the first restaurant supply app, providing the simplest, most affordable way for restaurants to get their daily supplies. Cheetah's technology was developed to solve the complex issues facing foodservice distribution including supply chain management, logistics optimization, data analytics, and purchasing algorithms which enhance efficiency and profitability for every partner in the channel. Proprietary solutions connect multiple supply-side systems with in-house sales software bringing a lean, efficient, and reliable approach to the foodservice ecosystem. This software reduces the time & labor needed to place & process orders while minimizing food waste.
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