M
Manna
Developer of relationship management products for online business
About Manna
Manna Inc., a family-owned business headquartered in Louisville, Kentucky, operates as a significant franchisee in the quick-service restaurant industry. Founded in 1999, the company is recognized as one of the largest minority-owned restaurant operators in the United States. The firm's portfolio includes over 250 restaurants nationwide, featuring well-known brands such as Wendy's, Fazoli's, and Golden Corral. The company is currently led by President Ryan Bridgeman, who took over in 2017.
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The leadership of Manna Inc. transitioned from its founder, Ulysses Bridgeman Jr., a former professional NBA basketball player, to his son, Ryan Bridgeman. Ulysses Bridgeman established the company after a 12-year basketball career, concurrently working in sales for Howard Johnson. His son, Ryan, has continued to expand the family's business interests. He holds an MBA and a Bachelor of Science in Finance from the University of Louisville, as well as a Master Certificate in Foodservice Management from Cornell University. This background has supported his strategic leadership, which included a pre-Covid-19 streamlining of operations.
Manna Inc. generates revenue through the direct operation of its franchised restaurants. The company focuses on service to its employees, customers, and the communities it operates in, fostering an environment of diversity and inclusion. To improve employee retention and recruitment, Manna Inc. partnered with DailyPay to offer employees immediate access to their earned wages, a benefit that has seen high enrollment rates among its staff. This financial wellness benefit allows employees to access their pay right after completing a shift, helping them avoid payday loans and overdraft fees. Beyond its core restaurant operations, the Bridgeman family also has interests in RD Services, which provides customer and employee service solutions, and Bridgeman Hospitality, which specializes in contract food service.
At a glance
- Status
- Operational
- Founded
- 1997
- Headquarters
- Newton, United States
- Open positions
- None listed
- Dealroom signal
- 49.5/100
- Industry
- Marketing
- Sub-industry
- Marketing Analytics, CRM & Sales
- Sector
- Marketing, Marketing and Advertising, Customer Behaviour Analytics
- Business model
- SaaS
- Client focus
- b2b
- Links
- Website
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Feb 2000 | $14M | $56M | Apax Partners · IDG Ventures · Advent International · Gemini Capital Management Fund | — |
| EARLY VC✓Equity / VC | May 1999 | $3.7M | $15M | Gemini Capital Management Fund · Advent International | ↗ |
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A4 investors entered at this stage
Gemini Capital Management Fund
Advent International
Apax Partners
IDG Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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