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Savory Fund has strategically invested in Zao Asian Grill, a fast-casual concept known for its Asian-inspired cuisine. This investment aims to support the brand's national growth following 18.2% same-store sales growth.

PRIVATEAug 04, 2026•5 days ago

Round Type

Venture - Series Unknown

LehiFood and BeverageHospitality

Investors

Savory Fund

Description

Savory Fund, a restaurant-focused private equity firm, announces its investment in Zao Asian Grill, which delivers fresh, bold Asian-inspired cuisine. Zao operates 23 locations and has demonstrated significant same-store sales growth. The partnership will leverage Savory Fund's extensive industry experience to propel Zao to become a national leader in the fast-casual dining sector. This investment marks a strategic move in the competitive pan-Asian market.

Company Information

Company

Zao Asian Grill

Location

Lehi, Utah, United States

About

Zao Asian Grill is a fast-casual restaurant concept specializing in fresh, bold, Asian-inspired cuisine. Founded in 2013, it boasts a chef-driven menu featuring bowls, salads, wraps, tacos, and soup with a variety of proteins, noodles, and flavors. With 23 locations, Zao aims to solidify its presence as a national leader in the pan-Asian fast-casual category. The brand focuses on clean ingredients and a guest experience that promotes healthy, habitual dining.

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Strategic

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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