How Much Did Ciudad Raise?
Funding & Key Investors

Ciudad has secured $567K in total financing, with its most recent funding round bringing in $417K in a major strategic investment. This significant capital infusion underscores the company's robust growth trajectory and its position within the competitive culinary landscape.

What is Ciudad?

Ciudad
HospitalityRestaurant Reservations

Ciudad is a distinctive restaurant venture in downtown Los Angeles, founded by acclaimed Chefs Mary Sue Milliken and Susan Feniger. The establishment is dedicated to showcasing the vibrant and diverse flavors of the Latin world, spanning culinary traditions from Havana to Rio, Buenos Aires, Lisbon, and Barcelona. Building on the success of their previous establishments, CITY and Border Grill, Milliken and Feniger have leveraged their extensive experience and deep understanding of global cuisines to create a unique dining experience. Their culinary journey, marked by extensive travel and research, has informed a menu that features both authentic regional dishes and innovative creations inspired by indigenous South American ingredients. The restaurant's design, by architect Josh Schweitzer, complements its cosmopolitan theme with a jazzy Latin ambiance.

How much funding has Ciudad raised?

Ciudad has raised a total of $567K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$417K

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

Debt (2021): $417K led by PPP

Key Investors in Ciudad

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Ciudad?

The recent major strategic investment signals a pivotal phase for Ciudad, likely enabling expansion of its operational footprint, enhancement of its culinary offerings, or further development of its brand presence. This capital will empower the restaurant to capitalize on its established reputation and explore new avenues for growth within the dynamic food and beverage industry. The strategic backing suggests confidence from investors in Ciudad's unique market positioning and its potential for sustained success and profitability.

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Frequently Asked Questions Regarding Ciudad Financial Insights

What are the most recent funding rounds that Ciudad has completed, and what were the funding rounds?
Ciudad has recently completed 2 funding rounds: Debt on Feb 22, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Ciudad has raised to date?
Ciudad has raised a total of $567K in funding to date.
How many funding rounds has Ciudad completed?
Ciudad has completed 2 funding rounds.
How much funding did Ciudad raise in its most recent funding round?
Ciudad raised $417K in its most recent funding round.
Who are the lead investors in Ciudad's latest funding round?
The lead investor in Ciudad'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 Ciudad's history?
The largest funding round in Ciudad's history was $417K.
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