What is Hive?
Hive is a unique counter-service restaurant concept based in Bloomington, offering a diverse menu that blends comfort food with international flavors. The establishment aims to provide fast, fresh, and healthy meal options for breakfast, lunch, and dinner, catering to a grab-and-go clientele as well as those seeking a sit-down dining experience. With an emphasis on sustainability and locally-sourced ingredients, Hive also features community tables and a dog-friendly patio, positioning itself as a community gathering spot. The restaurant operates from early morning for coffee and pastries through to late evening for dinner service.
How much funding has Hive raised?
Hive has raised a total of $137K across 1 funding round:
Debt
$137K
Debt (2021): $137K with participation from PPP
Key Investors in Hive
PPP
Public-Private Partnership
What's next for Hive?
The large-scale late-stage funding context suggests Hive is poised for significant expansion and operational scaling. This strategic investment will likely fuel initiatives such as broadening its market reach, enhancing its sustainable practices, and potentially developing new menu items or service offerings. The company's focus on community and local sourcing, combined with its adaptable service model, positions it well to capitalize on evolving consumer preferences for convenient, health-conscious, and ethically produced food options.
See full Hive company page
