How Much Did King Umberto Raise?
Funding & Key Investors

King Umberto has secured $854K in total capital, with its most recent financing round bringing in $504K in a major strategic investment. This significant backing underscores the company's established presence and its ongoing strategic initiatives within the competitive restaurant sector.

What is King Umberto?

King Umberto
HospitalityRestaurant Reservations

King Umberto is a well-established restaurant and pizzeria situated in Elmont, New York, with a history dating back to 1976. The establishment offers a comprehensive menu featuring appetizers, pasta, and main courses, and has undergone expansions to enhance its dining capacity. Known for its cozy ambiance, King Umberto caters to various occasions, providing private dining areas and extensive catering services. The company's enduring commitment to delivering quality food and service has cemented its reputation as a favored dining destination for both casual patrons and event organizers.

How much funding has King Umberto raised?

King Umberto has raised a total of $854K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$504K

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

Debt (2021): $504K led by PPP

What's next for King Umberto?

The recent major strategic investment into King Umberto signals a phase of potential expansion and operational enhancement. Given the company's long-standing history and established market position, this capital infusion is likely to be directed towards modernizing facilities, expanding service offerings, or potentially exploring new market segments. The enterprise-level context of its total funding suggests a mature business model poised for strategic growth and sustained operational excellence.

See full King Umberto company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Hospitality industry

Amusement Parks, Arcades & AttractionsHospitalityZoos & National Parks
Amusement Parks, Arcades & AttractionsHospitalityFitness & Dance FacilitiesSports Management
Gambling & GamingHospitality
HospitalityRestaurant Reservations

Frequently Asked Questions Regarding King Umberto Financial Insights

What are the most recent funding rounds that King Umberto has completed, and what were the funding rounds?
King Umberto has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 13, 2020.
What is the total amount of funding King Umberto has raised to date?
King Umberto has raised a total of $854K in funding to date.
How many funding rounds has King Umberto completed?
King Umberto has completed 2 funding rounds.
How much funding did King Umberto raise in its most recent funding round?
King Umberto raised $504K in its most recent funding round.
Who are the lead investors in King Umberto's latest funding round?
The lead investor in King Umberto'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 King Umberto's history?
The largest funding round in King Umberto's history was $504K.
See more information about King Umberto