How Much Did Formula One Catering Raise?
Funding & Key Investors

Formula One Catering has secured $46K in total financing, with a recent capital injection of $46K designated for substantial expansion. This investment marks a significant milestone, positioning the company within a Series B/C stage of growth, indicative of its scaling trajectory in the event services sector.

The company's latest funding round, which occurred on January 23, 2021, was a debt financing arrangement.

What is Formula One Catering?

Formula One Catering
Business ServicesFood Service

Formula One Catering is a seasoned provider of comprehensive catering solutions, serving events of all magnitudes across the Rochester area for over three decades. Their service portfolio encompasses a diverse array of culinary options, including breakfast, lunch, dinner, picnics, and receptions. They offer customizable menus featuring items such as continental breakfasts, deli spreads, and grilled picnic fare. Formula One Catering provides flexible service models, ranging from drop-off and setup to full-service event management, ensuring a tailored experience for both individual and organizational clients seeking high-quality event catering.

How much funding has Formula One Catering raised?

Formula One Catering has raised a total of $46K across 1 funding round:

2021

Debt

$46K

Debt (2021): $46K with participation from PPP

What's next for Formula One Catering?

With the recent influx of substantial expansion capital, Formula One Catering is poised for significant growth. This strategic investment is expected to fuel the company's operational scaling, potentially enabling broader market reach within the Rochester region and beyond. The company's established reputation and extensive experience suggest a focus on enhancing service delivery, expanding menu diversity, and potentially exploring new event verticals. This financing will likely support infrastructure upgrades, team expansion, and enhanced marketing efforts to solidify its market position as a leading event catering service provider.

See full Formula One Catering company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesHuman Resources Management Systems (HRMS)
Advertising NetworksBusiness ServicesMembership OrganizationsOrganizations
Business ServicesSoftware Testing
Accounting for Legal PracticesBusiness Services

Frequently Asked Questions Regarding Formula One Catering Financial Insights

What are the most recent funding rounds that Formula One Catering has completed, and what were the funding rounds?
Formula One Catering has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Formula One Catering has raised to date?
Formula One Catering has raised a total of $46K in funding to date.
How many funding rounds has Formula One Catering completed?
Formula One Catering has completed 1 funding rounds.
How much funding did Formula One Catering raise in its most recent funding round?
Formula One Catering raised $46K in its most recent funding round.
Who are the lead investors in Formula One Catering's latest funding round?
The lead investor in Formula One Catering'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 Formula One Catering's history?
The largest funding round in Formula One Catering's history was $46K.
See more information about Formula One Catering