What is Barrio?
Barrio Restaurant Group, founded by Steven Draheim, has carved a niche in Bend, Oregon's culinary landscape since its inception in 2012. The group is recognized for its eclectic array of food-forward concepts, drawing inspiration from global travels. Its portfolio includes The Rio Room, a dedicated venue for events and catering; a Barrio food truck operating at Midtown Yacht Club; and Shimshon, a Mediterranean kitchen located at The Grove. Complementing its dining establishments, Barrio also operates Bodega Market, a downtown Bend retail space offering grab-and-go items and essential goods. The company caters to a broad clientele seeking distinctive dining experiences and comprehensive event planning services.
How much funding has Barrio raised?
Barrio has raised a total of $475K across 2 funding rounds:
Debt
$150K
Debt
$325K
Debt (2020): $150K with participation from PPP
Debt (2021): $325K led by PPP
What's next for Barrio?
With the infusion of $325K in a major strategic investment, Barrio Restaurant Group is poised for accelerated growth and strategic development. This large-scale late-stage funding indicates strong investor confidence in the company's established operational model and its capacity for market penetration. The capital is anticipated to support the expansion of its existing concepts, potentially the launch of new ventures, and the enhancement of its catering and event services. Barrio's focus on diverse culinary offerings and its multi-faceted operational approach position it for continued success in the competitive restaurant industry.
See full Barrio company page