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Key people at Savory Fund.
Savory Fund is an investment firm that scales emerging restaurant concepts through strategic capital and comprehensive operational support. It integrates in-house expertise across infrastructure, technology, real estate, talent acquisition, and brand development. This hands-on approach accelerates growth and replication for its portfolio brands, offering beyond typical financial investment.
Andrew K. Smith and Shauna Smith, experienced multi-unit restaurant operators, founded Savory Fund in 2018. Their core insight was that promising concepts need an investment partner deeply familiar with operational demands. They built the firm on the "operators investing in operators" principle, leveraging practical experience to guide sustainable expansion.
The firm partners with founders of promising restaurant brands, equipping them with operational excellence to navigate growth challenges. Savory Fund’s vision cultivates thriving restaurant enterprises, transforming innovative culinary concepts into scalable, multi-location businesses. It aspires to be the premier growth accelerator for dynamic brands within the food and beverage industry.
Key people at Savory Fund.
Savory Fund has 1 tracked investment across 1 company. The latest tracked deal is $15.0M Series A in 86 Repairs in July 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2022 | 86 Repairs | $15.0M Series A | Storm Ventures | Network Ventures, RED Cedar Ventures, Cleveland Avenue, Gordon Food Service, Lightbank, Math Venture Partners, TDF Ventures |