Investing / Startups

CIT’s Virginia Founders Fund invests in Tysons-based Curbside Kitchen

The startup said it will use the investment to hire more employees, expand to new markets and advance its tech platform.

Show me the money. (Photo by Flickr user 401(K) 2012, used under a Creative Commons license)

Herndon, Va.-based Center for Innovative Technology (CIT) announced that its Virginia Founders Fund is investing in Tysons-based Curbside Kitchen. Founded in 2017, the startup developed a platform to connect food trucks with owners of commercial offices and multi-family residential buildings.

The Virginia Founders Fund is the latest CIT GAP Fund that launched in 2018 and focuses on supporting companies with female, minority or veteran founders, or other entrepreneurs located in regions outside of Northern Virginia.

The financial terms of the deal were not disclosed, but Curbside Kitchen said it will use the investment to hire more employees, expand to new markets and advance its tech platform to include a mobile app, dynamic scheduling and mobile ordering. Right now, the all-in-one food truck management platforms allows building owners to select culinary options to schedule food trucks for its tenants and it even allows them to circulate menus and place orders.

Building owners don’t have to front any money for this pop-up restaurant option, so it adds a cost efficient on-site amenity for tenants.

“Our technology makes booking food trucks simple and provides diverse culinary options, so an office building owner or a residential building owner can position themselves as an appealing choice to tenants and residents,” Amy Katz, CEO and cofounder of Curbside Kitchen, said in the press release. “There are many options for office space in today’s real estate market, and we love to help buildings stand out through the amenity of food trucks.”

Companies: Virginia Innovation Partnership Corporation
Projects: CIT Gap Funds

Knowledge is power!

Subscribe for free today and stay up to date with news and tips you need to grow your career and connect with our vibrant tech community.

Technically Media