How Much Did Grace & Grit Raise?
Funding & Key Investors

Grace & Grit has secured $862K in total capital, with its most recent financing round bringing in $512K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the culinary sector.

What is Grace & Grit?

Grace & Grit
HospitalityRestaurant Reservations

Grace & Grit is a distinguished, family-operated restaurant situated in Mount Pleasant, SC, celebrated for its authentic southern cuisine and innovative dishes. The establishment, helmed by Chef Frank Kline, prides itself on utilizing fresh, locally sourced seafood and produce. Beyond its culinary offerings, Grace & Grit features a popular dog-friendly patio and an extensive bourbon bar, making it a versatile venue for both special occasions and casual dining. The restaurant also facilitates online reservations and take-out services, enhancing its accessibility and customer convenience. Its commitment to community engagement and exceptional hospitality has garnered acclaim for its flavorful menu and welcoming ambiance.

How much funding has Grace & Grit raised?

Grace & Grit has raised a total of $862K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$512K

Debt (2020): $350K with participation from PPP

Debt (2021): $512K led by PPP

Key Investors in Grace & Grit

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Grace & Grit?

The recent major strategic investment signifies a pivotal moment for Grace & Grit, likely enabling further expansion of its operational capabilities and market reach. This capital infusion is expected to bolster its commitment to sourcing local ingredients and enhancing its renowned bourbon bar and dining experiences. As the company continues its growth, strategic deployment of these funds will be crucial for maintaining its reputation for quality and hospitality, potentially leading to new culinary innovations and strengthened community ties.

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Frequently Asked Questions Regarding Grace & Grit Financial Insights

What are the most recent funding rounds that Grace & Grit has completed, and what were the funding rounds?
Grace & Grit has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Grace & Grit has raised to date?
Grace & Grit has raised a total of $862K in funding to date.
How many funding rounds has Grace & Grit completed?
Grace & Grit has completed 2 funding rounds.
How much funding did Grace & Grit raise in its most recent funding round?
Grace & Grit raised $512K in its most recent funding round.
Who are the lead investors in Grace & Grit's latest funding round?
The lead investor in Grace & Grit'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 Grace & Grit's history?
The largest funding round in Grace & Grit's history was $512K.
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