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How Much Did Macado's Raise?
Funding & Key Investors

Macado's has recently secured a major strategic investment, adding to its total funding of $4M. The latest capital infusion, amounting to $2M, was finalized on March 16, 2021, signaling a significant move for the established restaurant franchise.

What is Macado's?

Macado's
HospitalityRestaurant Reservations

Founded in 1978 and headquartered in Roanoke, Virginia, Macado's is a unique restaurant franchise recognized for its eclectic ambiance, featuring a blend of cartoon, antique, and local nostalgic decor. The establishment offers a diverse menu that includes a wide array of sandwiches, subs, and entrees, catering to a broad customer base seeking a distinctive dining experience.

How much funding has Macado's raised?

Macado's has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

What's next for Macado's?

The recent major strategic investment indicates a period of potential expansion and operational enhancement for Macado's. This capital infusion is likely to support initiatives aimed at scaling the franchise, refining its unique market positioning, and potentially exploring new avenues for growth within the competitive restaurant industry. The company's focus on its distinctive decor and varied menu suggests a strategy centered on experiential dining.

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Frequently Asked Questions Regarding Macado's Financial Insights

What are the most recent funding rounds that Macado's has completed, and what were the funding rounds?
Macado's has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on Apr 13, 2020. What is the total amount of funding Macado's has raised to date?
Macado's has raised a total of $4M in funding to date. How many funding rounds has Macado's completed?
Macado's has completed 2 funding rounds. How much funding did Macado's raise in its most recent funding round?
Macado's raised $2M in its most recent funding round. Who are the lead investors in Macado's's latest funding round?
The lead investor in Macado's'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 Macado's's history?
The largest funding round in Macado's's history was $2M.
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