$20M Raised by Next Level Burger

The new funding for the company, one of the nation’s first 100 per cent plant-based burger chains, is set to be used to support its ambitious expansion strategy.

Based in West Bend, Oregon, Next Level Burger currently has nine locations, with six inside Whole Foods Market stores. The capital infusion will help support the brand’s national expansion plans, which call for quadrupling its current store count nationwide by the end of 2025. Next Level Burger has set a long-term goal of approximately 1,000 units.

“Since our founding in 2014, our company mission has been focused on a triple bottom line philosophy of doing good, having fun and making money,” said Matthew de Gruyter, CEO and Co-Founder of Next Level Burger, which has locations in Oregon, Washington, California, Colorado, Texas and New York. “Now more than ever, the fight against climate change and for sustainability drives us and our awesome team of mission-oriented stakeholders. At NLB we believe the future is bright, but it’s up to all of us to make sure of it.”

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