What is City Kitchen Catering?
City Kitchen Catering operates within the Food Service industry, focusing on providing catering services. With a team size estimated between 5 to 9 employees and an annual revenue ranging from $500,000 to $1,000,000, the company has established a presence in its market. The recent large-scale late-stage funding indicates a period of significant growth and potential expansion for the business.
How much funding has City Kitchen Catering raised?
City Kitchen Catering has raised a total of $223K across 2 funding rounds:
Debt
$73K
Debt
$150K
Debt (2021): $73K with participation from PPP
Debt (2024): $150K led by Northeast Bank
Key Investors in City Kitchen Catering
Northeast Bank
Northeast Bank is a financial institution likely providing debt financing or banking services to support the company's operational needs and growth initiatives.
PPP
Public-Private Partnership
What's next for City Kitchen Catering?
The substantial backing received by City Kitchen Catering signals a strategic move towards scaling operations and potentially diversifying its service offerings. This late-stage financing is typically aimed at accelerating market penetration, enhancing operational efficiencies, and solidifying competitive advantages. The company is likely poised for further development and expansion, leveraging this capital to achieve its next phase of growth.
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