How Much Did Hearth Raise?
Funding & Key Investors

Hearth, a notable player in the casual dining sector, has successfully secured a significant capital injection, bringing its cumulative financing to $450K. This latest infusion of $300K represents a major strategic investment, underscoring the company's resilience and operational maturity within the competitive hospitality landscape. By leveraging this debt-based financing, the organization is well-positioned to fortify its balance sheet and pursue long-term growth objectives in an evolving consumer market.

What is Hearth?

Hearth
HospitalityRestaurant Reservations

Hearth Pizza Tavern operates as a specialized culinary destination, distinguishing itself through a commitment to artisanal, oven-fired pizzas crafted from scratch-made dough and premium ingredients. Beyond its core pizza offerings, the establishment curates a comprehensive menu featuring burgers, salads, and a sophisticated selection of beers, wines, and spirits. By blending the accessibility of a casual tavern atmosphere with high-quality, top-shelf food standards, Hearth has carved out a distinct niche that appeals to both casual diners and culinary enthusiasts seeking a reliable, high-quality dining experience.

How much funding has Hearth raised?

Hearth has raised a total of $450K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$300K

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

Debt (2021): $300K led by PPP

Key Investors in Hearth

PPP

Public-Private Partnership

What's next for Hearth?

With the successful acquisition of this late-stage capital, Hearth is poised to transition into a phase of accelerated operational scaling and market penetration. The strategic deployment of these funds will likely focus on optimizing supply chain efficiencies, enhancing the tavern's physical footprint, and potentially diversifying its service offerings to capture a broader demographic. As the company navigates the complexities of the current economic environment, this financial backing provides the necessary liquidity to sustain its competitive advantage and maintain its reputation for quality in the premium casual dining segment.

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Frequently Asked Questions Regarding Hearth Financial Insights

What are the most recent funding rounds that Hearth has completed, and what were the funding rounds?
Hearth has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Hearth has raised to date?
Hearth has raised a total of $450K in funding to date.
How many funding rounds has Hearth completed?
Hearth has completed 2 funding rounds.
How much funding did Hearth raise in its most recent funding round?
Hearth raised $300K in its most recent funding round.
Who are the lead investors in Hearth's latest funding round?
The lead investor in Hearth'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 Hearth's history?
The largest funding round in Hearth's history was $300K.
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