How Much Did DeVito's Restaurant Raise?
Funding & Key Investors

DeVito's Restaurant has secured $52K in total capital, with a recent infusion of $52K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage, underscores the company's robust growth trajectory and market position in the competitive restaurant sector.

What is DeVito's Restaurant?

DeVito's Restaurant
HospitalityRestaurant Reservations

DeVito's Restaurant, situated in Harrison, Arkansas, is a culinary establishment renowned for its authentic Italian dishes, fresh rainbow trout, and choice steaks. Complementing its food offerings, the restaurant provides a curated selection of beer and wine. Operating from Tuesday to Saturday evenings and Sunday afternoons, DeVito's offers a cozy dining ambiance, catering to both the local community and visiting patrons. The company's commitment to quality ingredients and flavorful preparations positions it as a favored destination for hearty and delicious meals.

How much funding has DeVito's Restaurant raised?

DeVito's Restaurant has raised a total of $52K across 1 funding round:

2021

Debt

$52K

Debt (2021): $52K with participation from PPP

What's next for DeVito's Restaurant?

With the recent substantial expansion capital, DeVito's Restaurant is poised for a new phase of growth. This strategic investment will likely fuel initiatives aimed at enhancing operational capacity, potentially expanding its footprint, or refining its menu offerings to capture a larger market share. The company's progression through Series B/C funding stages suggests a mature operational model ready for scaling, indicating a focus on increasing revenue streams and solidifying its brand presence within the hospitality industry.

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Frequently Asked Questions Regarding DeVito's Restaurant Financial Insights

What are the most recent funding rounds that DeVito's Restaurant has completed, and what were the funding rounds?
DeVito's Restaurant has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding DeVito's Restaurant has raised to date?
DeVito's Restaurant has raised a total of $52K in funding to date.
How many funding rounds has DeVito's Restaurant completed?
DeVito's Restaurant has completed 1 funding rounds.
How much funding did DeVito's Restaurant raise in its most recent funding round?
DeVito's Restaurant raised $52K in its most recent funding round.
Who are the lead investors in DeVito's Restaurant's latest funding round?
The lead investor in DeVito's Restaurant'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 DeVito's Restaurant's history?
The largest funding round in DeVito's Restaurant's history was $52K.
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