The Asian cuisine brand looks to expand on recent success.
By Andrew Carlo
Brooklyn Dumpling Shop has launched a new investment funding round with an end-goal of driving omni-channel expansion.
Based in Hoboken, New Jersey, the Asian cuisine brand said it is looking to build momentum through the funding. The company currently has 18 corporate and franchise locations in the United States and Canada along with a line of consumer packaged goods. Additional locations are in development, the brand said.
The investment drive is being led by RSE Ventures.
“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’s recent moves include partnerships with the New York Yankees and Legends Hospitality.
RSE Ventures is a private investment firm, co-founded by Stephen Ross and Matt Higgins, with a focus on companies across sports and entertainment, media and marketing, food and lifestyle, and technology.
“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 Higgins, the CEO 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 crave-able, convenient food.”
With its first shop opening in 2021, Brooklyn Dumpling Shop says that it 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.”
With its first shop opened in May 2021, Brooklyn Dumpling Shop said it provides fan favorite fusion flavors into exciting dumpling creations with chef-curated bites. Additionally, the brand notes that it reimagines favorite global fusion flavors into exciting dumpling creations, alongside chef-curated bowls, bites, and boba.
The potential for growth at Brooklyn Dumpling Shop has been a catalyst for the partnership with RSE.
“At RSE Ventures, we’re constantly seeking out the next wave of bold, category-defining concepts,” said John Berberich, RSE Ventures’ managing director, food and beverage 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.”
For more information about franchise opportunities at Brooklyn Dumpling Shop, visit brooklyndumplingshop.com/franchise-with-us.
