Brooklyn Dumpling Shop Launches Investment Round Led by RSE Ventures to Further Accelerate Growth Across Restaurants, Consumer Products, and Foodservice
This strategic funding round will drive the company's rapid omni-channel expansion, including supporting growth in its corporate and franchised stores and line of high-quality consumer packaged goods (CPG).
Building on momentum in the business, including Brooklyn Dumpling Shop's recent partnership with the New York Yankees and Legends Hospitality, retail expansion, and additional shop openings in both the US & Canada, this funding round will position the company for sustained growth and help accelerate Brooklyn Dumpling Shop's mission to deliver delicious, high-quality dumplings and bites to an even wider audience of fans.
'People love our food. This investment is testament to that and to ensuring we are able to continue growing the awareness of, and access to, our products through our shops, CPG, and foodservice,' said Jeff Galletly, Chairman & CEO of Brooklyn Dumpling Shop. 'This investment marks an exciting next chapter for our dedicated team, franchisees, and partners as we further execute our mission to revolutionize the fast-casual dining space, the frozen aisle, and venues across North America and beyond. We're incredibly appreciative of Matt and the RSE Ventures team's support, which will aid our vision to build an enduring brand, scale globally, and make our products available to even more fans.'
'Brooklyn Dumpling Shop has tapped into what modern consumers want—quality, convenience, and flavor—and does so in a way that reaches consumers however they want to enjoy the food,' said Matt Higgins, CEO & Co-founder of RSE Ventures. 'We're excited to continue working with Jeff and the Brooklyn Dumpling Shop team as they innovate, differentiate, and further establish their position as an industry leader in craveable, convenient food.'
Further, John Berberich, RSE Ventures' Managing Director, F&B Concepts, shared, 'At RSE Ventures, we're constantly seeking out the next wave of bold, category-defining concepts. We believe the 'portable Asian' category is an underserved and high-potential segment. With our internal growth accelerator and strategic capital, we're excited to support the brand's expansion across restaurants, consumer products, and foodservice—not just in the U.S., but in key international markets, as well.'
With its first shop opened in May 2021, Brooklyn Dumpling Shop is continuously innovating and re-imagining fan favorite fusion flavors into exciting dumpling creations with chef-curated bites. Brooklyn Dumpling Shop utilizes technology to ensure a frictionless guest experience that maximizes both guest and team member efficiency while promoting a strong spirit of hospitality and community. The company is rapidly expanding with 18 and counting corporate and franchise locations across the U.S. and Canada, along with a fast-growing CPG presence in retail stores and online, along with a quickly emerging foodservice line, perfect for any venue or event.
For more information about Brooklyn Dumpling Shop, please visit www.brooklyndumplingshop.com. For more information about RSE Ventures, please visit www.rseventures.com.
About Brooklyn Dumpling Shop
Brooklyn Dumpling Shop is a pioneering Asian-inspired fast-casual food brand offering distinct menu items in its shops, in the frozen aisle, at home, and at venues of any kind. Having opened its first shop in 2021, the brand reimagines favorite global fusion flavors into exciting dumpling creations, alongside chef-curated bowls, bites, and boba. Brooklyn Dumpling Shop delivers a frictionless guest experience that maximizes both guest and team member efficiency, with a commitment to community and ensuring a strong spirit of hospitality. With 18 locations and counting across the US & Canada, the brand is rapidly expanding through corporate and franchised shops, while establishing a growing presence in retail stores, event venues, and online sales through its line of frozen dumplings. Believing 'Everything is better in a dumpling!,"TM Brooklyn Dumpling Shop is backed by notable investors, including Kevin O'Leary, Matt Higgins, and Patti Labelle. To learn more, visit www.brooklyndumplingshop.com or follow the company on TikTok, Instagram, and LinkedIn.
About RSE Ventures
RSE Ventures is a private investment firm, co-founded by Stephen Ross and Matt Higgins, made up of builders, innovators, partners and founders who focus on companies across sports and entertainment, media and marketing, food and lifestyle, and technology. Its family includes Bluestone Lane, Magnolia Bakery, Relevent Sports, VaynerMedia, Momofuku, Milk Bar and Performance Drone Works.
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SOURCE Brooklyn Dumpling Shop
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