Franklin Junction has been named to Fast Company’s prestigious annual list of the World’s Most Innovative Companies for 2023 as they continue to deliver innovative technology solutions for restaurants.
Leading the way with their proprietary Host Kitchen model, Franklin Junction has grown into a full suite of solution services to empower restaurant success in the digital age. With a unified eCommerce platform and end-to-end digital management services, Franklin Junction opens the door to unparalleled growth, greater profits and more efficient operations for restaurants. In 2022, Franklin Junction introduced its AI-powered digital food hall that allows consumers to order food and earn loyalty from multiple concepts in a single transaction and delivery.
“It’s an honor to be named as one of the World’s Most Innovative Companies. As restaurant industry veterans, we understand that restaurants don’t just need technology, they need solutions,” shares Franklin Junction CEO Rishi Nigam. “We thrive on fueling restaurants to grow high-margin incremental revenue through our proven ability to build, unify and fully manage eCommerce technologies.”
Franklin Junction adds convenience and choice for consumers while providing meaningful, incremental profits for restaurants from their existing assets and teams. The platform is especially compelling as restaurants seek to be ever more efficient at both the corporate and unit levels. Franklin Junction powers restaurants to make the most of their brand equity, operations expertise, and physical assets to conquer the demands of the digital revolution. In 2022, Franklin Junction delivered its partners up to 50% incremental eCommerce revenue with average profit margins of more than 25%.
Fast Company’s editors and writers sought out the companies making the biggest strides around the globe. They also judged nominations received through their application process.
The World’s Most Innovative Companies is Fast Company’s signature franchise and one of its most highly anticipated editorial efforts of the year. It provides a firsthand look at the inspiring and innovative efforts of companies across all sectors of the economy.
“What a strange and thrilling year it has been to honor this year’s Most Innovative Companies. This year’s list compiles some of the most cutting-edge groundbreakers who are changing our world every single day. Everyone on this list does something completely, uniquely different, yet, they all have one thing in common: innovation,” says Fast Company editor-in-chief Brendan Vaughan.