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The annual NRN Power List is the definitive list of industry leaders who are not only setting trends today, but also shaping them for tomorrow.

The Power List 2019: Karen KenworthyThe Power List 2019: Karen Kenworthy

Investing in entrepreneurs

Mark Hamstra

January 24, 2019

1 Min Read
The Power List 2019: The 50 most influential people in foodservice
Stripes Group

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Karen Kenworthy, partner, Stripes Group

Karen Kenworthy has spearheaded several investments in the food industry as a partner in New York-based Stripes Group, a boutique private equity firm that seeks to nurture the entrepreneurial drive of the companies it supports financially.

Stripes’ acumen around recruiting and developing talent, as well as its own entrepreneurial passion, are assets to the companies it invests in, Kenworthy explained in a statement on the company’s website.

Among Stripes’ fast-growing foodservice industry holdings is Snooze an A.M. Eatery, the Denver-based chain where Kenworthy serves on the board of directors.

“Their focus on culture has attracted a highly engaged, talented and energetic team who all work together to create an experience for guests that stands out in the restaurant industry,” she said in a statement at the time of the investment.

With Stripes’ financial backing, Snooze has expanded from 17 restaurants in late 2016 to more than 30 locations at the end of 2018. Further expansion is planned for 2019, according to reports, including the first Snooze on the East Coast.

Kenworthy has also been involved with Stripes Group’s investments in restaurant delivery service GrubHub and with meal kit delivery platform Blue Apron, among other food and consumer technology holdings.

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