Ghost Financial emerges from stealth with $2.5 million investment
Ghost Financial , a financing and business services platform for ghost kitchens, is live. The company also announced $2.5 million in funding from a list of investors including HOF Capital, 305 Ventures, Hustle Fund, Active Capital, Anthony Ghosn, The Council, Amber Illig, Dr. Molly Maloof, Sarah Kaney, Meg Fitzpatrick, Samantha Stein, Sabrina Halper, Kosinski Ventures, House Capital, Starship Ventures, Ben Yu, Adam Guild, Cory Levy, Ditec Ventures, Draft Ventures, Pareto20, Kepler Operator Fund, and others.
Founded by Homebound co-founder John Meyer, Ghost Financial’s first product is a cashback credit card to help restaurant owners improve margins. The Austin-based startup plans to launch additional products including “restaurant-optimized payroll” and liability insurance.
“At Ghost Financial, we are leading with empathy – not our pockets – to create a truly independent financial and banking backbone for the restaurant and fast-growing ghost kitchen industry. That means: building a friendly financial partner that isn’t the landlord and isn’t the delivery app.” – Ghost Financial CEO and founder John Meyer.
“Having operated his very own ghost kitchen restaurant prior to starting Ghost Financial, I’m confident that John Meyer has the expertise, empathy, and experience to serve these operators and build best in class financial products.” – Chris Saum, director of business development at Active Capital.