Cheetah Technologies Secures $14M Strategic Funding, Kim Spalding is CEO

May 10, 2024 at 1:44 PM2 min read
cheetah technologies $14 million strategic funding

Cheetah Technologies, a restaurant supply technology and food distribution startup, has secured $14 million in strategic funding and appointed Kim Spalding as its new CEO. The funding came from existing investors, including Eclipse Ventures and Sator Grove Holdings. The new funding is aimed at further developing and scaling Cheetah's technology platform.

Spalding comes to Cheetah with a background in technology and operations, including stints at Google, Starbucks, and McKinsey, bringing over 25 years of experience. Her goal is to leverage technology to revolutionize the food supply chain, offering transparency, data structuring, and superior service to the foodservice industry. Before joining Cheetah, Spalding led strategic investments, innovative product launches, and operational improvements.

Cheetah Technologies has pioneered the restaurant supply app space, offering a streamlined solution for restaurants to procure daily supplies. By focusing on supply chain management, logistics optimization, and data analytics, Cheetah is enhancing efficiency and profitability for all stakeholders in the foodservice ecosystem.

Their last funding round was in 2022, when they secured $60 million for their Series C round, led by Manna Tree and Sator Grove.

Founded by Na'ama Moran and Alon Har-Tal in 2015, Cheetah is committed to helping restaurateurs, distributors, and manufacturers thrive in the evolving foodservice landscape. The startup has also grown through a number of acquisitions as of late, including Palo Alto Foods, Esteson, and Joseph Martin Foods.