---
title: "MOD Pizza Raises $160 Million in Latest Financing Round"
url: https://burnaze.com/article/6ecf102e-4376-43c6-a950-bbd0e4b12acd
source: "1851 Franchise"
original_url: https://1851franchise.com/mod-pizza-raises-160-million-in-latest-financing-round-2710020
category: "Pizza"
industry: "Restaurants"
segment: "Pizza"
topics: ["Finance & M&A"]
published: 2019-05-21T15:10:40.000Z
modified: 2026-11-01T02:32:03.985Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/6b65ca54cced17f20eabe582c8a100543389.jpg
---

# MOD Pizza Raises $160 Million in Latest Financing Round

**TL;DR:** MOD Pizza raises $160 million in its latest financing round, led by private equity firm Clayton, Dubilier & Rice. The brand plans to use the additional capital to continue expanding rapidly through the U.S. and internationally.

*originally published in 1851 Franchise on 2019-05-21. [Read the original](https://1851franchise.com/mod-pizza-raises-160-million-in-latest-financing-round-2710020).*

## Story

Seattle-based pizza chain MOD Pizza has taken a huge step toward its goal of reaching 1,000 locations over the next five years thanks to a $160 million cash injection led by private equity firm Clayton, Dubilier & Rice.

According to a Restaurant Business article, this latest funding round comes as the brand posted $398 million in system-wide sales and added 102 new locations in 2018. The additional capital brings MOD Pizza’s fundraising to approximately $339 million. The brand plans to use the additional capital to continue expanding rapidly through the U.S. and internationally.

“Over the past 11 years, we have built MOD upon a conviction that we could build a best-in-class business by putting our people and the communities we serve first,” MOD Pizza co-founder and CEO Scott Svenson said in a statement. “This investment is further validation of our belief that profit and positive social impact can co-exist. We are incredibly energized by the opportunity to work with CD&R to scale the MOD brand, while continuing to build our people-first, purpose-driven culture.”

## Entities

- 1851 Franchise (publication)
- Restaurants (sector)
- unit expansion (topic)
- private equity (topic)
- MOD Pizza (company)
- financing round (topic)

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Originally reported by 1851 Franchise (https://1851franchise.com/mod-pizza-raises-160-million-in-latest-financing-round-2710020). Summarized by Burnaze (https://burnaze.com/article/6ecf102e-4376-43c6-a950-bbd0e4b12acd).