Who Owns Raising Cane’s? | Todd Graves, Founder Story 2025
Raising Cane’s is one of America’s most popular fast-food chains, loved for its crispy chicken fingers and signature Cane’s Sauce. But if you’ve ever wondered “Who owns Raising Cane’s?” or how this chicken empire began — you’re not alone.
Behind this billion-dollar brand is a man with a vision, grit, and an unmatched love for great chicken — Todd Graves, the founder and CEO of Raising Cane’s Chicken Fingers.
Let’s dive into the story of how Todd Graves turned a simple idea into one of the fastest-growing restaurant chains in the U.S.
👉 View Complete: Raising Cane’s Menu With Prices
Who Owns Raising Cane’s in 2025?
As of 2025, Raising Cane’s Chicken Fingers is privately owned and operated by its founder and CEO, Todd Graves.
Todd Graves remains the majority owner, with some shares owned by close partners and private investors. Unlike brands like McDonald’s or Burger King, Raising Cane’s is not publicly traded — meaning you can’t buy its stock on the market.
Despite growing to over 750+ locations worldwide, Graves has kept tight control over the company’s operations, maintaining quality, culture, and consistency across every restaurant.
The Founder: Todd Graves
Todd Graves was born in Baton Rouge, Louisiana. In the mid-1990s, while studying at Louisiana State University (LSU), he came up with a simple restaurant concept — a menu focused on just one thing: chicken fingers.
When he pitched this idea for a class project, his professor gave him the lowest grade in the class, saying the idea would never work. Banks also rejected his business plan multiple times.
But Todd didn’t give up. He worked at an oil refinery and a salmon fishing job in Alaska to save money. With those earnings, he finally opened his first Raising Cane’s in Baton Rouge in 1996, near LSU.
The restaurant’s success proved everyone wrong — people lined up for hours for fresh chicken fingers and that now-famous Cane’s Sauce.
Why the Name “Raising Cane’s”?
The name Raising Cane’s actually comes from Todd Graves’ yellow Labrador Retriever, named Raising Cane.
The dog became the restaurant’s mascot — friendly, loyal, and full of energy — a perfect reflection of the brand’s spirit.
Even today, Raising Cane’s restaurants proudly display photos and statues of Cane, and the brand continues to name new dogs Cane II, Cane III, and so on, to carry on the tradition.
How Raising Cane’s Became a National Success
From one location in Baton Rouge, Raising Cane’s expanded across Louisiana, Texas, California, and Florida, becoming one of the fastest-growing fast-food chains in the U.S.
Graves focused on a simple menu:
- Fresh chicken fingers
- Crinkle-cut fries
- Coleslaw
- Texas toast
- Cane’s Sauce
This focus on quality and speed helped Cane’s grow faster than competitors that tried to do too much.
By 2025, Raising Cane’s operates in 35+ states and 8 countries, with thousands of employees who proudly call themselves Caniacs.
Todd Graves’ Leadership Style and Philosophy
Todd Graves is known for being a hands-on leader. He often visits new restaurant openings and personally interacts with staff and customers.
He believes in the motto: “One Love — quality chicken finger meals.”
His leadership focuses on:
- Employee culture: treating crew members like family.
- Community involvement: Raising Cane’s supports education, pet welfare, and local causes.
- Consistency: every meal should taste the same, whether you’re in Las Vegas or Louisiana.
Graves has said in many interviews that staying private allows Cane’s to “focus on people, not shareholders.”
Is Raising Cane’s a Franchise?
Yes — but not fully.
Raising Cane’s uses a hybrid model that combines company-owned restaurants with select franchise partners.
Unlike most fast-food brands, Cane’s is extremely selective about who can open a franchise. Franchise opportunities are usually given to trusted business partners or investors who share the brand’s values and culture.
This limited approach ensures that every location maintains the same high quality and friendly service.
How Much Is Raising Cane’s Worth?
As of 2025, Raising Cane’s valuation is estimated to be around $8 to $10 billion, making it one of the top privately held restaurant brands in America.
Annual revenue exceeds $3 billion, with steady growth year over year. The brand’s rapid expansion, consistent menu, and social media popularity have made it a true fast-food powerhouse.
Todd Graves in Pop Culture
Todd Graves isn’t just a businessman — he’s also a TV personality and philanthropist.
He has appeared on several shows, including:
- “Secret Millionaire” (ABC) — where he surprised small businesses with donations.
- “Restaurant Recovery” (Discovery+) — a show where Graves helped struggling restaurants rebuild after tough times.
He’s also known for his philanthropy, giving millions of dollars to schools, hospitals, and disaster relief programs.
Who Is the CEO of Raising Cane’s?
As of 2025, Todd Graves continues to serve as the CEO and primary owner of Raising Cane’s.
He oversees daily operations, branding, and expansion. Under his leadership, the company continues to grow both in the U.S. and internationally — including new locations in Dubai, Kuwait, and Bahrain.
FAQs
Q1. Who owns Raising Cane’s?
Raising Cane’s is privately owned by its founder and CEO, Todd Graves.
Q2. Is Raising Cane’s a franchise or company-owned?
It’s both — Cane’s has company-owned restaurants and select franchise partners.
Q3. Is Raising Cane’s a public company?
No, Raising Cane’s is privately held and not listed on the stock market.
Q4. How much is Raising Cane’s worth?
As of 2025, it’s valued between $8–10 billion.
Q5. Who founded Raising Cane’s?
Todd Graves, in 1996, in Baton Rouge, Louisiana.
Q6. Why is it called Raising Cane’s?
It’s named after Todd Graves’ yellow Labrador Retriever, “Raising Cane.”
Final Thoughts
The answer to “Who owns Raising Cane’s?” is simple — Todd Graves, the man who turned a rejected class project into a billion-dollar success story.
From his humble beginnings at LSU to leading a global brand, Graves’ story is all about focus, passion, and perseverance.
Whether you’re enjoying a Box Combo, a Chicken Sandwich, or Texas Toast with Cane’s Sauce, you’re tasting the vision of one man who believed in keeping things simple — and doing them right.
