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Red Lobster

Founded 1968 United States Orlando, United States 16034 employees Undisclosed Total: $575.00M Food and Beverage

General Information

Company Name Red Lobster
Founded Year 1968
Location United States Orlando, United States +1
Founders / Decision Makers
Team member Team member
Employees 16034
Industries Food and Beverage
Funding Stage Undisclosed
Social

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About Red Lobster

Red Lobster is the world's largest seafood restaurant company, with a workforce of 58,000 employees and more than 700 restaurants across the United States and Canada, in addition to a growing international presence. Founded in 1968, the company's vision revolves around being the go-to destination for seafood for present and future generations. Red Lobster prides itself on being an innovative, values-based company, prioritizing the delivery of the ultimate seafood dining experience. Their core focus areas are Great Seafood, Great People, and Great Results. The company's commitment to providing guests with freshly prepared, quality seafood options such as Maine lobster, Snow and Bairdi crab, salmon, and shrimp scampi align with their dedication to delighting customers. Moreover, their emphasis on hiring team members and managers with a strong hospitality gene reflects their dedication to delivering on their promise of the ultimate seafood dining experience. In terms of business strategy, Red Lobster is focused on driving business momentum and growing sales sustainably. Their emphasis on innovation and quality is aimed at satisfying guests, fostering their loyalty, and encouraging repeat visits. Notably, their last investment of $575.00M in a funding round was made on 11th October 2016 by Thai Union Group. This investment underscores the confidence that external partners have in Red Lobster's potential for future growth and success. With a strong history and an eye toward the future, Red Lobster seems poised for continued success in the ever-evolving restaurant industry.

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Funding Round •••••• 1 •••• •••• 11 Oct 2016

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FAQ About Red Lobster

With 58,000 employees and more than 700 restaurants in the United States and Canada, and a growing international presence, Red Lobster is the world’s largest seafood restaurant company. Our vision is to be where the world goes for seafood now and for generations. Red Lobster is an innovative, va...
Red Lobster was founded in 1968.
Red Lobster is headquartered in Orlando, United States.
Red Lobster operates in the following industries: Food and Beverage.
Red Lobster has approximately 16034 employees.
Red Lobster has completed 1 funding round, raising a total of $575.00M. The latest funding stage is Undisclosed.
Top alternatives and competitors to Red Lobster include California Fish Grill, Nature's Table, Lone Star Steakhouse / Texas Land & Cattle, Red Leaf Medical Inc. , Monster Reservations Group. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Red Lobster and California Fish Grill are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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