How Much Did Interstate Foods Raise?
Funding & Key Investors

Interstate Foods has successfully secured a significant capital injection, bringing its total funding to $1.2M. This latest major strategic investment of $830K underscores the company's robust position within the competitive Manhattan food service landscape. By leveraging these financial resources, the firm continues to solidify its infrastructure as a primary supplier for regional hospitality and culinary establishments.

What is Interstate Foods?

Interstate Foods
RetailGrocery Retail

Headquartered in Manhattan, New York, Interstate Foods operates as a comprehensive food service provider, bridging the gap between large-scale distribution and the specific needs of local restaurants. The company maintains a diverse inventory, encompassing high-demand categories such as beef, poultry, turkey, provisions, and fish. By consolidating these essential supply chains under a single operational umbrella, Interstate Foods provides a streamlined procurement experience for its clients. The firm distinguishes itself through a commitment to operational efficiency, offering not only a wide array of protein and specialty products but also value-added resources such as professional-grade recipes and digital transaction capabilities. This integrated approach positions the company as a critical partner for food service operators seeking reliability and variety in their supply chain management.

How much funding has Interstate Foods raised?

Interstate Foods has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$830K

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

Debt (2021): $830K led by PPP

Key Investors in Interstate Foods

PPP

Public-Private Partnership

What's next for Interstate Foods?

With the recent infusion of capital, Interstate Foods is well-positioned to scale its distribution capabilities and enhance its technological footprint. The company's trajectory suggests a focus on optimizing its logistics network to meet the evolving demands of the New York metropolitan food service sector. Future strategic initiatives will likely involve expanding product lines and deepening market penetration, ensuring that the firm remains a cornerstone of the regional food supply ecosystem. As the company matures, the focus will shift toward long-term sustainability and the continued digitization of its procurement processes to maintain its competitive edge in a high-volume, high-velocity market.

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Frequently Asked Questions Regarding Interstate Foods Financial Insights

What are the most recent funding rounds that Interstate Foods has completed, and what were the funding rounds?
Interstate Foods has recently completed 2 funding rounds: Debt on Feb 16, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Interstate Foods has raised to date?
Interstate Foods has raised a total of $1.2M in funding to date.
How many funding rounds has Interstate Foods completed?
Interstate Foods has completed 2 funding rounds.
How much funding did Interstate Foods raise in its most recent funding round?
Interstate Foods raised $830K in its most recent funding round.
Who are the lead investors in Interstate Foods's latest funding round?
The lead investor in Interstate Foods'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 Interstate Foods's history?
The largest funding round in Interstate Foods's history was $830K.
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