What is Local Three?
Local Three is a contemporary American restaurant founded by three local proprietors, deeply rooted in the ethos of community and people. The establishment prides itself on offering a dining experience that balances sophistication with comfort, utilizing locally sourced and seasonal ingredients. A notable feature is its extensive bourbon bar, boasting over 1,000 whiskies, and a distinctive brunch service. Local Three caters to a discerning clientele seeking exceptional hospitality and innovative culinary adventures.
How much funding has Local Three raised?
Local Three has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$856K
Debt (2020): $350K with participation from PPP
Debt (2021): $856K led by PPP
Key Investors in Local Three
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Local Three?
The recent major strategic investment signals a pivotal phase for Local Three, likely aimed at expanding its operational footprint, enhancing its unique offerings, or solidifying its market position. This infusion of capital is expected to fuel further innovation in its contemporary American cuisine and its renowned bourbon bar, potentially leading to new ventures or refinements in its acclaimed brunch experience. The company's focus on community and local sourcing, combined with this strategic financial backing, positions it for sustained growth and influence within the hospitality sector.
See full Local Three company page
