Raising Cane’s has become one of the most loved fast-food chains in America, famous for its crispy chicken fingers and legendary Cane’s Sauce. Still, many people often ask: Who owns Raising Cane’s? And how did this chicken-focused brand grow into a multi-billion-dollar business?
Behind Raising Cane’s success is a single person with strong belief, patience, and an obsession with quality — Todd Graves, the founder and CEO of Raising Cane’s Chicken Fingers.
In this guide, we’ll explore who owns Raising Cane’s in 2026, how the company started, and why it continues to grow so fast across the United States and beyond.
Who Owns Raising Cane’s in 2026?
As of 2026, Raising Cane’s Chicken Fingers is still a privately owned company. The brand is controlled by its founder and CEO, Todd Graves.
Todd Graves remains the majority owner, while a small portion of the company is held by trusted partners and private investors. Unlike brands such as McDonald’s or Burger King, Raising Cane’s is not publicly traded. This means you cannot buy Raising Cane’s stock on the open market.
Even with more than 750 locations worldwide, Todd Graves has intentionally kept the company private. This allows him to protect the brand’s culture, food quality, and customer experience without pressure from shareholders.
The Founder of Raising Cane’s: Todd Graves
Todd Graves was born and raised in Baton Rouge, Louisiana. While studying at Louisiana State University (LSU), he developed a simple restaurant concept: a fast-food place focused entirely on high-quality chicken fingers.
At the time, the idea didn’t impress everyone. In fact, a college professor gave Graves the lowest grade in the class, believing the concept would fail. Banks also rejected his business plan multiple times.
Instead of quitting, Todd Graves worked tough jobs — including at an oil refinery and later commercial salmon fishing in Alaska — just to save enough money to open his restaurant.
In 1996, he finally opened the first Raising Cane’s near LSU in Baton Rouge. The response was immediate. Customers lined up for fresh chicken fingers and the sauce that would soon become famous nationwide.
Why Is It Called “Raising Cane’s”?
The name Raising Cane’s comes from Todd Graves’ beloved yellow Labrador Retriever named Raising Cane.
The dog became the official mascot of the brand, symbolizing loyalty, friendliness, and energy. Even today, many Raising Cane’s locations feature Cane-themed decor, statues, and photos.
To keep the tradition alive, the company continues naming its dogs Cane II, Cane III, and beyond — making the mascot an important part of the brand identity.
How Raising Cane’s Became a National Brand
Raising Cane’s growth was not accidental. From Louisiana, the brand expanded into major states like Texas, California, Florida, and Nevada, quickly earning a reputation for consistency and quality.
Instead of expanding the menu, Todd Graves kept it intentionally simple:
- Fresh chicken fingers
- Crinkle-cut fries
- Creamy coleslaw
- Texas toast
- Signature Cane’s Sauce
This laser-focused approach allowed Raising Cane’s to deliver the same taste and experience in every location.
By 2026, the company operates in 35+ U.S. states and 8 countries, employing thousands of team members proudly known as Caniacs.
Todd Graves’ Leadership Style
Todd Graves is known as a hands-on leader who regularly visits restaurant openings and talks directly with employees and customers.
His philosophy is summed up in the company motto: “One Love — quality chicken finger meals.”
His leadership focuses on three core values:
- People first: treating employees with respect and long-term growth opportunities
- Community support: donations to education, animal welfare, and local charities
- Consistency: ensuring every Raising Cane’s meal tastes the same nationwide
Graves has often stated that staying private allows the company to focus on people rather than stock prices.
Is Raising Cane’s a Franchise?
Raising Cane’s follows a hybrid ownership model. Some locations are company-owned, while others are operated by carefully selected franchise partners.
However, the brand is extremely selective. Franchise opportunities are typically offered only to trusted partners who fully understand and respect Raising Cane’s culture and standards.
This controlled expansion helps maintain quality across every restaurant.
How Much Is Raising Cane’s Worth in 2026?
As of 2026, industry estimates place Raising Cane’s valuation between $8 billion and $10 billion.
The company generates over $3 billion in annual revenue, making it one of the most valuable privately owned restaurant chains in the U.S. Its steady expansion and loyal customer base continue to drive long-term growth.
Todd Graves in Media and Philanthropy
Todd Graves is also known outside the restaurant industry. He has appeared on television shows such as:
- “Secret Millionaire” (ABC)
- “Restaurant Recovery” (Discovery+)
Beyond media, Graves is deeply involved in philanthropy, donating millions to schools, hospitals, disaster relief efforts, and small businesses.
Who Is the CEO of Raising Cane’s?
As of 2026, Todd Graves remains the CEO and primary owner of Raising Cane’s.
He continues to guide company strategy, brand growth, and international expansion — including locations in Dubai, Kuwait, and Bahrain.
Frequently Asked Questions
Who owns Raising Cane’s?
Raising Cane’s is privately owned by its founder and CEO, Todd Graves.
Is Raising Cane’s publicly traded?
No, Raising Cane’s is a private company and does not trade on the stock market.
Is Raising Cane’s a franchise?
It uses a hybrid model with company-owned stores and select franchise partners.
How much is Raising Cane’s worth?
As of 2026, the estimated value is $8–10 billion.
Why is Raising Cane’s named after a dog?
The name comes from Todd Graves’ yellow Labrador Retriever, “Raising Cane.”
Final Thoughts
So, who owns Raising Cane’s? The answer remains clear — Todd Graves, a founder who turned a rejected college idea into one of America’s most successful chicken brands.
From Baton Rouge to international markets, Raising Cane’s success proves that simplicity, focus, and consistency still win in the fast-food industry.
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 doing fewer things — better.