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Financing

Snap Kitchen gets $16M investment

The cash influx comes on the heels of recent store closures.

Just weeks after closing multiple units, the parent company of ready-made meal concept Snap Kitchen raised $16.3 million, according to a recent Securities and Exchange Commission filing.

Fitness Food Holdings LLC closed all of its Chicago Snap Kitchen units last month and recently closed two locations in Philadelphia. In Chicago, Snap Kitchen had seven units and about 75 employees.

Snap Kitchen did not respond to a request for details on the cash infusion, which came from two undisclosed investors.

The chain opened in 2010, selling to-go meals, snacks and juices with a focus on healthful options. Snap Kitchen currently operates about 40 units.

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