Virtual Holdings, Inc., the parent company of Virtual Dining Concepts (VDC), the leader in the rapidly growing virtual dining space, announced today $20 Million in Series A financing. The financing was raised from investors including Spice Private Equity, a subsidiary of GP Investments.
Founded in 2019 by renowned restaurateur Robert Earl, Earl Enterprises CMO Trish Giordano, and Earl’s son, VDC President, Robbie Earl, the company has already launched brands such as Guy Fieri’s Flavortown Kitchen. Mariah Carey’s Cookies, MrBeastBurger. NASCAR Refuel, Buddy V’s Cake Slice, and its newest brand, Barstool Bites.
Proceeds from the offering will be used to fund development of additional technology, enhance corporate infrastructure, and provide additional marketing and customer support to increase revenue for market partners.
ABOUT VIRTUAL DINING CONCEPTS
Virtual Dining Concepts is the creator of virtual restaurant brands poised to expand the revenue of brick and mortar kitchens. The delivery-only infrastructure, proprietary online platform (with third-party delivery interface), and marketing strategy services guide independent restaurant operators from set-up to inception. Virtual Dining Concepts include celebrity-owned and non-celebrity brands with menus deriving from diverse cuisines including Italian, Mexican, American, and more. Menus are available for order online through their individual websites and via most major third-party delivery services. For more information, please visit: www.virtualdiningconcepts.com.
