Modern Steak
Modern Steak is a privately held, two-location upscale steakhouse in Calgary, Alberta, serving Prime Grade Alberta Beef, A5 Kobe beef, seafood, and a sommelier-curated wine program. It targets upscale diners, corporate event planners, and celebration hosts, with a unique supply partnership owning Canada's only steakhouse-affiliated prize-winning Black Angus Bull.
- Company typePrivate
- Founded2018
- HeadquartersCalgary, Canada
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Modern Steak does
Modern Steak is a privately held, two-location upscale steakhouse based in Calgary, Alberta, founded in 2018 and operating under owner Stephen Deere. The company serves Prime Grade Alberta Beef, Japanese A5 Kobe beef, fresh seafood, and a sommelier-curated award-winning wine list, differentiated by an exclusive partnership with Benchmark Angus Ranch in Warner, Alberta that makes Modern Steak the only steakhouse in Canada to own a prize-winning Black Angus Bull. The beef from this program is marketed under the "Modern Benchmark Alberta Beef" brand and is featured in core menu items such as the 18oz Sunday Supper ribeye.
The business operates two physical locations in Calgary: the Stephen Avenue downtown restaurant beside the Hyatt (100 8 Avenue SE), which includes a rooftop patio and weekday lunch service, and the Southport southwest location (10606 Southport Road SW), which offers free on-site parking and a private dining room seating up to 20. Combined capacity supports private events for up to 120 guests on the Stephen Ave rooftop. The company runs a calendar of recurring revenue-driving experiences, including Adult Happy Meals and Happy Hour (weekday afternoons), a Wednesday Date Night package ($108 for two), Sunday Supper for Two ($119), and weekend brunch on the Stephen Ave rooftop ("Home by 5 Day Club" on Saturdays, "Old School Brunch" on Sundays).
Revenue is generated entirely through dine-in restaurant sales, private event hosting (corporate, weddings, celebrations) booked via Triple Seat, gift certificates sold in $50 increments, and themed promotional experiences. Customer acquisition relies on the company's website, OpenTable reservations, and word-of-mouth rather than paid digital marketing. The company reports 11–50 employees, has no disclosed funding rounds, no parent company, and no M&A activity, operating exclusively in the Calgary market.
Modern Steak firmographics
Firmographics- Name
- Modern Steak
- Legal name
- Modern Steak
- Website
- https://modernsteak.ca
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Modern Steak is a privately held, two-location upscale steakhouse in Calgary, Alberta, serving Prime Grade Alberta Beef, A5 Kobe beef, seafood, and a sommelier-curated wine program. It targets upscale diners, corporate event planners, and celebration hosts, with a unique supply partnership owning Canada's only steakhouse-affiliated prize-winning Black Angus Bull.
- Ownership category
- akta.pro rank
Modern Steak industry classification
Industry- Product category
- Upscale Steakhouse / Fine Dining Restaurant
- NAICS
- Full-Service Restaurants (722511), Restaurants and Other Eating Places (72251), Food Services and Drinking Places (722)
- SIC
- Retail-Eating & Drinking Places (5810), Retail-Eating Places (5812)
- akta.pro primary industry
- Steakhouses & Seafood Restaurants (THAFACAE)
- akta.pro secondary industry
- Special Occasion & Destination Restaurants (THAFACAK)
Keywords
Where Modern Steak is headquartered
LocationHeadquarters
- HQ city
- Calgary
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Modern Steak business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Others
Revenue model
- Dine-in Restaurant Sales: Revenue from food and beverage sales at two Calgary restaurant locations. Lunch service Monday-Friday, dinner service daily, weekend brunch on Saturdays and Sundays. Menu features Prime Grade Alberta Beef, Kobe beef, fresh seafood, and seasonal items.
- Private Dining and Events: Revenue from hosting private events including corporate functions, weddings, birthdays, and cocktail receptions. Offers private dining room at Southport (seats up to 20) and rooftop patio at Stephen Ave (groups up to 120). Catering services available.
- Gift Certificates: Gift certificate sales in $50 increments, processed via inquiry form with contact for payment details
- Special Promotional Experiences: Revenue from themed dining events including Adult Happy Meals, Date Night packages, Sunday Supper for Two, and weekend brunch experiences
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Adult Happy Meals - Damn Good Fries + Martini combo |
| Unit Pricing | Pay-as-you-go | Adult Happy Meals - MB Wagyu Cheeseburger combo |
| Unit Pricing | Pay-as-you-go | Steak Frites + Adult Beverage |
| Unit Pricing | Pay-as-you-go | Date Night Package |
| Unit Pricing | Pay-as-you-go | Sunday Supper for Two |
| Unit Pricing | Pay-as-you-go | Gift Certificates |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels3 records
Modern Steak product offering
Product offeringCore offering
Modern Steak operates two upscale steakhouse restaurants in Calgary serving Prime Grade Alberta Beef, Japanese A5 Kobe and Wagyu beef, fresh seafood, and a sommelier-curated wine list. The restaurants provide dine-in lunch, dinner, and weekend brunch service, host private dining and corporate events, sell gift certificates, and run recurring feature experiences such as Happy Hour, Date Night, and Sunday Supper for Two.
Product overview
Modern Steak is Calgary's premier upscale steakhouse operating two locations (Stephen Avenue downtown and Southport in southwest Calgary). The restaurant offers a unified fine dining experience built around Prime Grade Alberta Beef (including proprietary Benchmark Angus beef from their own prize-winning Black Angus bull partnership) and Japanese A5 Kobe beef, complemented by fresh seafood and an award-winning wine program curated by their sommelier. The product portfolio includes core dining services (beef, seafood, wines), recurring feature experiences (Happy Hour, Date Night Wednesdays, Sunday Supper, Weekend Brunch), private event hosting, and gift certificates. Both locations provide full-service dinner, with the Stephen Ave location also offering weekday lunch and rooftop patio brunch on weekends.
Differentiator
Problem solved
Functional benefit
Products and services
- Prime Grade Alberta Beef Dining Modern Steak's signature offering featuring Prime Grade Alberta Beef sourced from local farms and the proprietary Benchmark Angus beef from the steakhouse-owned prize-winning Black Angus bull in partnership with Benchmark Angus Ranch, Warner, Alberta. Served across both Calgary locations.
- Japanese A5 Kobe Beef Premium Japanese A5 Kobe beef sourced from Japan's top prefectures, representing luxury beef with exceptional marbling and melt-in-your-mouth texture for upscale steakhouse guests.
- Adult Happy Meals and Happy Hour Weekday happy hour featuring adult happy meal combinations including Damn Good Fries + Martini ($14), MB Wagyu Cheeseburger with Fries and Adult Beverage ($24), and Steak Frites + Adult Beverage. Available Monday-Friday at Stephen Ave 2:30-5:30pm and Southport 4-5:30pm.
- Date Night Package Wednesday date night package priced at $108 for two, including two steaks, two sides, and a bottle of wine. Available Wednesdays starting at 5:30pm at both Stephen Ave and Southport locations.
- Sunday Supper for Two Family-style Sunday dinner for two priced at $119, featuring not cheese toast, Caesar or house salad, an 18oz sliced Modern Benchmark Alberta Beef ribeye with fixings, and Baked Alaska to share. Available every Sunday from 4pm at both locations with limited seating via OpenTable Experiences.
- Modern Steak Weekend Brunch Weekend brunch service Saturday and Sunday 12-4pm featuring Home by 5 Day Club on Saturdays and Old School Brunch on Sundays, served on the Stephen Avenue rooftop patio.
- Private Dining and Events Private event services for corporate events, weddings, birthdays, cocktail receptions, and celebrations. Stephen Ave rooftop patio accommodates groups up to 120; Southport has a private dining room seating up to 20. Bookings handled through the Triple Seat platform.
- Gift Certificates Gift certificate program allowing customers to purchase gift cards in $50 increments to treat someone to the Modern Steak experience, processed via direct contact form with the restaurant.
Companies that use Modern Steak
Customer profileSegments4 records
Ideal customer profiles3 records
Modern Steak technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Modern Steak partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Benchmark Angus Ranch (Warner, Alberta)coreModern Steak is the only steakhouse in Canada to own its own prize-winning Black Angus Bull in partnership with Benchmark Angus Ranch located in Warner, Alberta. This unique relationship allows Modern Steak to serve a steak experience rooted in quality, transparency, and deep connection to the land. The partnership ensures supply chain control and enables the 'Modern Benchmark Alberta Beef' branding for their ribeye cuts.
Scale indicators3 records
Recent moves6 records
Expansion highlights3 records
Modern Steak competitors and assessment
Company assessmentEmerging players
- Beverly Creek Modern Kitchen: Calgary-area upscale modern-casual restaurant focused on seasonal, locally-sourced menus with a curated beverage program. Partially comparable to Modern Steak on the premium local-sourcing and curated wine positioning, though not a steakhouse.
Direct peers
- Saltlik Steakhouse: Calgary-based upscale steakhouse serving prime beef and seafood in a fine-dining setting. The most direct local competitor to Modern Steak, sharing the same city and premium beef-focused positioning.
- Ruth's Chris Steak House: U.S.-based upscale steakhouse chain specializing in USDA Prime steaks served sizzling in butter. Highly comparable business model to Modern Steak on premium beef-focused full-service dining, though at significantly larger chain scale.
- Vintage Chophouse & Tavern: Calgary upscale steakhouse offering prime cuts, seafood, and an extensive wine list. Directly comparable to Modern Steak on Calgary upscale steakhouse positioning and private event offerings.
- Hy's Steakhouse: Long-standing Canadian upscale steakhouse chain with locations in major Canadian cities. Closely comparable to Modern Steak on premium steakhouse positioning, full-service dining, and curated wine programs.
- The Keg Steakhouse + Bar: Canada's largest steakhouse chain operating full-service steakhouses with broad menu and bar programs. Directly comparable to Modern Steak in core offering (prime steak, full-service dining) and Canadian market footprint, though at much larger chain scale.
- Morton's The Steakhouse: Iconic American upscale steakhouse chain serving prime aged steaks, seafood, and a strong wine program. Comparable to Modern Steak on premium full-service steakhouse format and event/private dining capability.
- The Capital Grille: U.S. upscale steakhouse chain known for dry-aged steaks, an award-winning wine list of 350+ labels, and private dining. Closely mirrors Modern Steak's positioning around premium beef, sommelier-curated wine, and event hosting.
Broad incumbents
- Earls Kitchen + Bar: Vancouver-founded Canadian upscale-casual restaurant chain with multiple Calgary locations. Comparable on premium casual dining in the Calgary market, though broader menu and more mass-market positioning than Modern Steak's steakhouse focus.
- Cactus Club Cafe: Canadian premium-casual restaurant chain with several Calgary locations offering a broad globally-inspired menu. Relevant benchmark for Calgary upscale-dining competitive dynamics, even though it is not a steakhouse.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Modern Steak social profiles
Digital presenceModern Steak financial estimates
Financial estimateRevenue estimate
Valuation estimate
Modern Steak leadership team
Management profileNumber of profiles
Profiles1 record
Modern Steak funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Modern Steak M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Modern Steak
What does Modern Steak do?
Modern Steak operates two upscale steakhouse restaurants in Calgary serving Prime Grade Alberta Beef, Japanese A5 Kobe and Wagyu beef, fresh seafood, and a sommelier-curated wine list. The restaurants provide dine-in lunch, dinner, and weekend brunch service, host private dining and corporate events, sell gift certificates, and run recurring feature experiences such as Happy Hour, Date Night, and Sunday Supper for Two.
Is Modern Steak a public or private company?
Modern Steak is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Modern Steak founded?
Modern Steak was founded in 2018. It employs 11 to 50 people.
Where is Modern Steak based?
Modern Steak is headquartered in Calgary, Canada, in the North America region.
How does Modern Steak make money?
Four revenue lines are on record. Dine-in Restaurant Sales are the primary driver. The others are private Dining and Events, gift Certificates and special Promotional Experiences.
Who are Modern Steak's main competitors?
Beverly Creek Modern Kitchen is listed as an emerging player. Direct peers are Saltlik Steakhouse, Ruth's Chris Steak House, Vintage Chophouse & Tavern, Hy's Steakhouse, The Keg Steakhouse + Bar, Morton's The Steakhouse and The Capital Grille. Broad incumbents are Earls Kitchen + Bar and Cactus Club Cafe.
Does Modern Steak have an API?
No public API is recorded for Modern Steak.
What industry is Modern Steak in?
Modern Steak's product category is Upscale Steakhouse / Fine Dining Restaurant. Its primary akta.pro industry code is THAFACAE, Steakhouses & Seafood Restaurants, with a secondary code of THAFACAK, Special Occasion & Destination Restaurants. Its NAICS code is 722511 and its SIC code is 5810.