How Much Did Cheers Raise?
Funding & Key Investors

Cheers has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's position in the market and its potential for future growth. The company's funding trajectory, marked by its latest financing event on April 7, 2020, indicates a significant phase of development or expansion.

What is Cheers?

Cheers
HospitalityRestaurant ReservationsBusiness Services

Cheers in the Heights is a local restaurant situated in Little Rock, Arkansas, specializing in a diverse daily menu, private dining, and comprehensive catering services. The establishment is designed to provide a distinctive dining experience and robust event support for its clientele. Operating from Monday to Saturday, Cheers in the Heights cultivates an inviting ambiance suitable for both everyday diners and those planning special events. The company's operational focus is on delivering quality and ensuring customer satisfaction, aiming to serve the local community and attract visitors.

How much funding has Cheers raised?

Cheers has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Cheers

PPP

Public-Private Partnership

What's next for Cheers?

The substantial capital infusion, highlighted by the $150K strategic investment, positions Cheers for a significant scaling or expansion phase. Given the large-scale late-stage funding context, the company is likely to focus on enhancing its operational capacity, potentially expanding its service offerings, or increasing its market reach within Little Rock and surrounding areas. This backing will be critical in solidifying its competitive advantage and pursuing its long-term strategic objectives in the hospitality sector.

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Frequently Asked Questions Regarding Cheers Financial Insights

What are the most recent funding rounds that Cheers has completed, and what were the funding rounds?
Cheers has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Cheers has raised to date?
Cheers has raised a total of $150K in funding to date.
How many funding rounds has Cheers completed?
Cheers has completed 1 funding rounds.
How much funding did Cheers raise in its most recent funding round?
Cheers raised $150K in its most recent funding round.
Who are the lead investors in Cheers's latest funding round?
The lead investor in Cheers's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Cheers's history?
The largest funding round in Cheers's history was $150K.
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