Andrew K. Smith

Andrew is the Managing Director and co-founder of the Savory Fund, a food & beverage focused fund founded in 2018 with over $700M in assets under management. In 2020, Savory closed Fund I at $100M, and a subsequent $100M Fund II in May of 2021. Currently, Savory owns and operates 9 beloved brands, including Mo’Bettahs, Swig, R&R BBQ, The Crack Shack, Via 313, Pincho, Hash Kitchen, The Sicilian Butcher, Saigon Hustle and has their first tech investment in 86 Repairs. Andrew spent the last 25 years as an entrepreneur, co-founding three different technology companies from 1998-2008 and exiting them via public and private acquisitions. He entered the restaurant industry in the middle of one of the greatest recessions. Since 2009, Andrew has assisted in developing, acquiring, and operating 325+ restaurants across 12 states, generating over $2.7B in sales, and creating more than 40,000 jobs. Savory portfolio brands plan on adding 65 restaurants in 2023 and hiring more than 11,000 new team members. As an angel investor, Andrew has financed over 25 small businesses and mentored many founders within the technology, manufacturing, and F&B industries. Andrew won the EY Entrepreneur of the Year® award in 2017, KPMG’s Quantum Award, was featured as BusinessQ’s Entrepreneur of the Year in 2018 and Triple Crown Award Honoree in 2018. His businesses have also been awarded on the Inc. 500/5000 lists for the past 12 years.