Also in February, digital tech provider Olo filed for an initial public offering, aiming to raise $100 million. The company began trading in mid-March, raising $450 million in its IPO.

JAB Holding-owned Krispy Kreme confidentially filed a draft registration for an IPO in early May after five years of being a privately-owned company. The company went public with its IPO in early June, hoping to raise $100 million. In its July IPO, Krispy Kreme’s stock rose to $21 a share from $17.

In mid-May, Bloomberg reported that Sweetgreen was reportedly getting ready to file an IPO. The company confidentially submitted a draft registration with the SEC in June, and officially went public at the end of October. The company said in early November that it expected to raise up to $312.5 million, and on its first trading day, shares soared 76%.  

Dutch Bros Coffee filed for a confidential IPO in mid-June. The chain said in early September it was targeting a $3.3 billion valuation.

In mid-July, reports emerged that fast-casual Portillo’s was considering an IPO. Portillo’s confirmed its draft IPO registration a few days later. In late September, the company amended its prospectus, saying revenues rose 18.8% in the first two quarters of the year; the company ultimately raised $405 million when it went public in late October.

First Watch filed for a possible initial public offering in early September. The company set its IPO share price later that month, then raised more than $170 million when it went public in October.

In mid-September, restaurant tech company Toast announced its intention to go public, aiming for an estimated IPO worth $16 billion.

Early last month, Panera Brands announced plans to go public in a transaction that would bring in as a cornerstone investor a special purpose acquisition company led by New York restaurateur Danny Meyer. The IPO price or number of shares were not disclosed.

In late November, MOD Pizza submitted draft plans for an IPO, hoping to join the growing crowd of publicly traded companies.