What is Masterson's Catering?
Masterson's Food and Drink, a family-owned enterprise founded in 1938 in Louisville, Kentucky, is a comprehensive foodservice and hospitality provider. The company has a rich history of developing landmark restaurants and event venues, executing large-scale event catering, and offering vital nutritional services to senior communities. Furthermore, Masterson's leverages its USDA-inspected kitchens to partner with national brands for co-packing freshly prepared meals, demonstrating a commitment to innovation and expansion as it approaches its centennial.
How much funding has Masterson's Catering raised?
Masterson's Catering has raised a total of $2.4M across 2 funding rounds:
Debt
$1M
Debt
$1.4M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.4M led by PPP
What's next for Masterson's Catering?
The recent major strategic investment, coupled with the overall enterprise-level funding context, suggests Masterson's Catering is poised for significant scaling and operational enhancement. This capital infusion is likely to fuel further expansion of their catering services, potential development of new restaurant concepts, and increased capacity for co-packing partnerships. The company's long-standing history and diversified business model provide a strong foundation for leveraging this new financing to solidify its market position and explore new avenues for growth in the competitive food and hospitality industry.
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