What is Flytrap?
The Flytrap restaurant boasts a legacy dating back to the late 1800s in San Francisco's South of Market district. Its unique name originates from a historical practice of displaying food samples covered by flytraps to protect them from street elements. Now over 135 years old, The Flytrap represents a significant piece of San Francisco's historical and culinary heritage, operating in close proximity to major city landmarks like the Moscone Center and the Modern Museum of Art.
How much funding has Flytrap raised?
Flytrap has raised a total of $148K across 1 funding round:
Debt
$148K
Debt (2021): $148K with participation from PPP
Key Investors in Flytrap
PPP
Public-Private Partnership
What's next for Flytrap?
The company's recent debt financing, within the context of large-scale late-stage funding, suggests a strategic move to bolster operations or facilitate expansion without diluting equity. This approach is common for established businesses seeking to leverage their existing assets or predictable revenue streams for further growth. Flytrap's long-standing presence and historical significance in San Francisco position it as a resilient entity, likely utilizing this capital to maintain its legacy and potentially enhance its service offerings or operational capacity.
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