ONIGILLY

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ONIGILLY - overview

Established

2007

Location

San Francisco, CA, US

Primary Industry

Food

About

Onigilly LLC is a Japanese kitchen specializing in authentic Onigiri rice balls, offering a diverse range of traditional and fusion flavors for health-conscious consumers and sushi lovers across North America. Founded in 2007 in San Francisco, US, Onigilly LLC focuses on producing traditional Japanese rice balls known as Onigiri. The company has maintained a consistent business strategy focused on authentic Japanese cuisine, with no notable pivots or changes in operations. Koji Kanematsu serves as both the Founder and CEO, leading the company since its inception.


Onigilly has completed one deal, with the most recent investment round occurring on July 24, 2019, when GrowthPoint Equity invested growth capital, the amount of which was undisclosed. Onigilly Japanese Kitchen specializes in the production of traditional Japanese rice balls known as Onigiri, made from partially milled brown rice, filled with a variety of savory ingredients, and wrapped in seaweed. The company offers over 30 varieties of Onigilly, including traditional fillings such as Ume and Salmon and American fusion options like Teriyaki Chicken. Additionally, Onigilly caters to sushi enthusiasts with unique raw fish offerings and customizable bowls and side dishes.


Their core customer base comprises health-conscious individuals and sushi lovers seeking convenience and nutrition, with products distributed across North America, broadening the culinary experience beyond typical sushi offerings. Onigilly generates revenue primarily through direct-to-consumer transactions, with customers purchasing Onigilly products in-store and potentially via takeout. The pricing structure provides value, featuring individual Onigilly items and curated meal sets such as Bento and Edamame Sets. Signature offerings, including Poke Bowls and popular snacks like Chicken Karaage, attract repeat customers.


By emphasizing fresh, made-to-order meals that cater to various tastes, Onigilly positions itself within the competitive landscape of fast-casual dining, driving revenue through consistent customer engagement and diverse menu options. Onigilly plans to leverage the growth capital received from the investment on July 24, 2019, to purchase new machinery, expand its business operations, and enhance staff training. The company is also focusing on launching new product lines to diversify its offerings. Specific geographic expansions are planned to reach new markets, although detailed target regions or timelines have not been disclosed.


Current Investors

GrowthPoint Equity

Primary Industry

Food

Sub Industries

Snack Foods, Other Food Products, Restaurants & Nightlife

Website

www.onigilly.com

Verticals

Mobile Apps

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

ONIGILLY - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedONIGILLY-
GrowthCompletedONIGILLY-

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ONIGILLY - employee data

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