Savory
Growth equityUtah · Growth · 11 people tracked
Also known as MERCATO SAVORY MANAGEMENT, LLC · SAVORY CAPITAL LLC · Savory QP
Find your way into Savory
1,183 people in our graph share verified history with the Savory team — schools, employers, funds. One of them is your warm intro.
Investment thesis
Savory is a founder-focused growth equity investor specializing in the food & beverage industry. Describing itself as operators at its core, the firm invests first in the people running restaurant concepts before investing in the brands and their growth. It targets emerging, differentiated F&B brands—typically multi-unit operators—that lead their respective niches, then applies a value-add platform spanning infrastructure and technology, real estate development and construction, recruiting and staffing, financial expertise, industry connections, replication strategies, leadership training, and brand development. With a team of roughly 80 F&B veterans, Savory helps portfolio brands expand nationally through franchising and new locations while preserving each brand's identity and founder vision.
Source: firm website, verified Sep 1, 2026.
Team · 11 people
from the firm's website & public directories
What they invest in
from 12 of 13 portfolio companiesConsumer ×11FoodTech ×8Direct to Consumer ×3Enterprise Software ×1Impact & Social Good ×1SaaS ×1
HQs:United States×10
Who they back
founder profiles across 8 portfolio companiesFounding team size:solo founder×22 founders×33 founders×3
Investments · 13 tracked
founders shown can be your intro path
86 Repairs provides a platform to help restaurants manage repairs and maintenance, removing the burden of equipment R&M so operators can focus on their core business.
Enterprise SoftwareSaaS
Daniel Estrada(Founder & CEO)in
Co-investorsChicago Early Growth Ventures (CEGV)Cleveland AvenueConnetic VenturesID VenturesLightbankLofty Ventures+5 more
Bonrue Bakery (formerly Farmstead) is a European-style bakery producing breads and pastries, founded in 2021 in St.
ConsumerSt. George, US
Chris ConnorsinLi Hsun SuninChris Herrin
Hash Kitchen is a brunch restaurant concept offering experiential dining in Phoenix, Arizona with plans to expand nationally, known for distinctive flavors and atmosphere.
ConsumerFoodTechPhoenix, US
Joey Maggiore(Executive Chef, Founder)Cristina Maggiore(Co-founder)Flora Tersigni(Co-founder)
A fast-casual restaurant chain serving Nashville-style hot chicken sandwiches with customizable options and globally sourced spices.
ConsumerDirect to ConsumerFoodTechHenderson, US
Mo' Bettahs is a Hawaiian restaurant founded in 2008 that serves authentic island cuisine inspired by native Hawaiian family traditions and backyard gatherings.
ConsumerDirect to ConsumerFoodTechHonolulu, US
Kimo MackKalani Mack
PINCHO is a casual fast-service restaurant brand serving custom-crafted burgers, kebabs, bowls, and other fresh fusion fare, with locations throughout Florida.
ConsumerFoodTechMiami, US
Otto Othman(Founder)inNedal Ahmad(Founder)Nizar Ahmad(Founder)in
Fast-casual Vietnamese drive-thru and dine-in concept offering healthy, quick options.
South Block operates a chain of juice bars and acai bowl cafes focused on fresh, handcrafted beverages and food in the D.C. area and beyond.
ConsumerFoodTechImpact & Social GoodWashington, US
Amir Mostafavi
Swig Drinks is a beverage brand that sells specialty drinks directly to consumers, offering promotions and exclusive deals through a text message sign-up program.
ConsumerDirect to ConsumerFoodTech
Via 313 is a Detroit-style pizzeria founded in 2011 that makes authentic Detroit-style pizza using carefully prepared dough, specialized steel pans, and layered cheese.
ConsumerFoodTechDetroit, US
Frequently asked questions
- How many investments has Savory made?
- Savory has 13 tracked investments.
- What stage does Savory invest at?
- Savory invests at the Growth stage.
- What sectors does Savory focus on?
- Savory focuses on Consumer, FoodTech.
- Where is Savory located?
- Savory is headquartered in Utah, US.
- Does Savory lead rounds?
- Yes, Savory leads investment rounds.
- Who does Savory co-invest with?
- Savory most often shares deals with Connetic Ventures, Lightbank, Lofty Ventures, among 10 tracked co-investors.
Media · Podcasts & interviews
featuring the teamShauna Smith: The Operator Behind Savory’s Billion-Dollar Vision
CASE STUDIES · Shauna Smith
The Pineapple Perspective: EP63 - Andrew K. Smith/Savory Fund #podcast #investing
Troy Hooper · Andrew K. Smith
Founders Forum Episode 9 | Shauna Smith, CEO of Savory Restaurant Fund
Foley & Lardner LLP · Shauna Smith
Scaling from 1 Unit to $2.5 Billion in Sales | Andrew K. Smith of Savory Fund
Boostly · Andrew K. Smith
Building a Restaurant Brand that Resonates with Today's Guest | Andrew K. Smith (Savory Fund)
influence group · Andrew K. Smith
Shauna Smith | Savory Restaurant Fund | 2022 CEO of the Year
Utah Business · Shauna Smith
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