When was Red Lobster founded?

Red Lobster was founded in 1968 and raised its 1st funding round 48 years after it was founded.

Where is Red Lobster located?

Red Lobster is headquartered in Orlando, United States. It is registered at Orlando, Florida.

How many employees does Red Lobster have?

As of Aug 31, 2026, the latest employee count at Red Lobster is 17780.

Is Red Lobster a funded company?

Red Lobster is a funded company, having raised a total of $575M across 3 funding rounds to date. The company's 1st funding round was a $***** PE round, raised on Oct 10, 2016.

How much is Red Lobster worth?

The last known valuation of Red Lobster was $***** as of Oct 10, 2016.

When was the latest funding round of Red Lobster?

Red Lobster's latest funding was a $***** Conventional Debt round on Aug 24, 2022, with participation from 1 investor.

Where does Red Lobster rank among its competitors?

Red Lobster ranks 2nd amongst 355 active competitors, of which 20 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Founders Table, which secured $8.13M in Dec, 2025.

Who are the top competitors of Red Lobster?

Red Lobster's top competitors include Brinker, Modern Market and TGI Fridays. Among them, Founders Table secured the most recent funding round in December, 2025.

Red Lobster - 2026 Company Profile, Funding & Competitors

Company Details

Seafood restaurant chain offering fresh catches and diverse menu options. The company is dedicated to providing high-quality seafood experiences with a focus on standards and community engagement. It offers a diverse menu featuring a variety of seafood dishes. The company provides nutritional information and allergy guides to cater to different customer needs. It also focuses on accessibility and privacy, ensuring a user-friendly website experience. The company operates both US and international locations, with opportunities for franchise partnerships. It also emphasizes ethical sourcing and supplier relationships. The company connects with customers through various social media platforms.

Website: www.redlobster.com
Social
Email ID: *****@redlobster.com
Phone Number: +1 **********
Registered Address: Orlando, Florida

Key Metrics

Founded Year

1968

Location

Orlando, United States

Stage

Acquired

Total Funding

$575M in 3 rounds

Latest Funding Round

Conventional Debt, Aug 24, 2022, $*****

Last Known Valuation

$***** as on Oct 10, 2016

Investors

Wellsfargocapitalfinance & 3 more

Ranked

2^nd among 355 active competitors

Employee Count

17,780 as on Aug 31, 2026

Similar Companies

Truluck's & 68 more

Exit Details

Acquired by Thai Union Group (Sep 09, 2020)

View Red Lobster's full profile

Red Lobster is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
RED LOBSTER MANAGEMENT LLC CIN: 465136889 , United States, Active	Dec 31, 1999	-	7150 (As on Dec 31, 2024)	-

Red Lobster got acquired by Thai Union Group on Sep 09, 2020.

Click here to take a look at Red Lobster's acquisition in detail

Red Lobster has raised a total funding of $575M over 3 rounds. Its first funding round was on Oct 10, 2016. Its latest funding round was a Conventional Debt round on Aug 24, 2022 for $*****. 1 investor participated in its latest round. Red Lobster has 4 institutional investors.

Here is the list of recent funding rounds of Red Lobster:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 24, 2022	8518613	Conventional Debt	8694927	6670071	1656788	9492015
Feb 03, 2021	9907044	Conventional Debt	5214320	9391128	7160264	Fortress & 1 more
Oct 10, 2016	8858173	PE	7153839	3548884	3449257	Thai Union Group

Access funding benchmarks and valuations. Sign up today!

View details of Red Lobster's funding rounds and investors

Red Lobster's employee count trend

Red Lobster has 17,780 employees as of Aug 26. Here is Red Lobster's employee count trend over the years:

Uncover Red Lobster's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Red Lobster include Brinker, Modern Market and TGI Fridays. Here is the list of Top 10 competitors of Red Lobster, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Brinker 1975, Dallas (United States), Public	Casual dining restaurant company operating a portfolio of brands	-	-	67/100
2nd	Red Lobster 1968, Orlando (United States), Acquired	Seafood restaurant chain offering fresh catches and diverse menu options	$575M	Wellsfargocapitalfinance, Fortress & 2 others	67/100
3rd	Modern Market 2009, Colorado City (United States), Acquired	Chain of restaurant	$11.5M	IDEO, LEYKAR INVESTMENTS	64/100
4th	TGI Fridays 1965, Dallas (United States), Acquired	Chain of limited service restaurant	-	Purestone Capital Group, TriArtisan Capital Advisors ... & 3 others	64/100
5th	Miller's Ale House 1988, Orlando (United States), Acquired	Chain of casual dining restaurant	-	KarpReilly, Comvest Partners & 1 others	61/100
6th	Applebees 1980, Kansas City (United States), Funding Raised	Casual dining restaurant chain	-	Argonne Capital Group, Gala Capital Partners	57/100
7th	Founders Table 2020, New York City (United States), Series C	Operator of a portfolio of founder-led restaurant companies	$55.3M	L Catterton, Strand Equity Partners & 1 others	57/100
8th	DINE 2007, Glendale (United States), Public	Chain of casual dining restaurants	-	-	55/100
9th	Luna Grill 2004, San Diego (United States), Series B	Chain of casual dining restaurant	$9.49M	PWP Growth Equity, CapitalSpring & 1 others	55/100
10th	Inspire Brands 2018, Atlanta (United States), Funding Raised	Operator of a portfolio of quick-service restaurant brands	-	Roark Capital	54/100