What is 20Degree?
20 Degrees Frozen Yogurt Lounge is a purveyor of diverse frozen desserts, including frozen yogurt, rolled ice cream, shakes, smoothies, and parfaits. The company positions itself as a healthy lifestyle promoter by offering options that are lower in calories, fat, and sugar, alongside fat-free and gluten-free flavors. Beyond its retail offerings, 20Degree extends its services to catering for parties and corporate gatherings, aiming to provide a delightful experience for all patrons. A commitment to customer satisfaction is underscored by their provision of a clean environment and attentive service.
How much funding has 20Degree raised?
20Degree has raised a total of $28K across 1 funding round:
Debt
$28K
Debt (2021): $28K with participation from PPP
Key Investors in 20Degree
PPP
Public-Private Partnership
What's next for 20Degree?
The substantial expansion capital secured by 20Degree at this significant Series B/C stage suggests a strategic focus on scaling operations and potentially expanding market reach. This investment will likely fuel initiatives such as enhancing product lines, optimizing supply chain logistics, and potentially opening new locations or enhancing existing ones. The company's emphasis on healthy options and catering services positions it to capitalize on evolving consumer preferences for both indulgence and wellness, as well as the growing demand for event-based food services. Future growth may also involve technological integration for ordering and customer loyalty programs.
See full 20Degree company page
