The virtual room service provider boosted its valuation to $85m in a series A round that included existing investor Kraft Group.
US-based food delivery services provider Butler Hospitality completed a $15m series A round on Friday that included diversified conglomerate Kraft Group, valuing it at $85m post-money.
The round was led by consumer-focused investment and incubation firm &vest and was also backed by Mousse Partners, Scopus Ventures and Loeb.nyc. The company said it has now raised $20.2m in total and named Kraft, Scopus Ventures and Loeb.nyc as existing investors.
Butler operates a ghost kitchen service that runs hotel restaurants on behalf…
