How Much Did Cid Raise?
Funding & Key Investors

Cid, a cornerstone of the Taos natural grocery landscape, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest injection of $350K underscores the company's resilience and its pivotal role in the regional wellness economy. By leveraging this financial backing, the organization is positioned to fortify its operational infrastructure and expand its footprint within the competitive organic retail sector.

What is Cid?

Cid
RetailGrocery Retail

Established in 1986, Cid operates as a multifaceted natural grocer and community hub, providing a curated selection of organic produce, hormone-free proteins, and wellness staples. Beyond its core retail operations, the company distinguishes itself through The Cellar, a boutique fine wine and craft spirits division, and a robust catering arm. As a family-owned enterprise, Cid has cultivated deep-rooted brand loyalty in Taos and Taos Ski Valley, effectively bridging the gap between local agricultural producers and health-conscious consumers. Its market position is defined by a commitment to accessibility, ensuring that high-quality, sustainable goods remain affordable for the local demographic.

How much funding has Cid raised?

Cid has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Cid

PPP

Public-Private Partnership

What's next for Cid?

With the infusion of this late-stage capital, Cid is poised to transition into a new phase of operational maturity. The strategic roadmap likely involves optimizing supply chain efficiencies to support its diverse product offerings while potentially scaling its catering and boutique retail segments. By reinforcing its market presence, the company aims to solidify its status as the primary destination for healthy living in Northern New Mexico. Future growth will likely focus on enhancing the customer experience through digital integration and expanded inventory management, ensuring that the brand remains synonymous with quality and community-centric commerce in an evolving retail environment.

See full Cid company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Convenience Stores, Gas Stations & Liquor StoresRetailFreight & Logistics ServicesTransportation
Grocery RetailRetail
Home Improvement & Hardware RetailRetail
Home Improvement & Hardware RetailRetailBusiness ServicesProject Management

Frequently Asked Questions Regarding Cid Financial Insights

What are the most recent funding rounds that Cid has completed, and what were the funding rounds?
Cid has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Cid has raised to date?
Cid has raised a total of $350K in funding to date.
How many funding rounds has Cid completed?
Cid has completed 1 funding rounds.
How much funding did Cid raise in its most recent funding round?
Cid raised $350K in its most recent funding round.
Who are the lead investors in Cid's latest funding round?
The lead investor in Cid'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 Cid's history?
The largest funding round in Cid's history was $350K.
See more information about Cid