What is Matherne?
Matherne's Supermarket is a family-owned business with over two decades of service to the River Parish and Baton Rouge communities. Initially established as a convenience store, Matherne's has expanded to four locations, offering a diverse range of products. The company emphasizes clean stores, friendly service, and a convenient shopping experience for its customers.
How much funding has Matherne raised?
Matherne has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Matherne
PPP
Public-Private Partnership
What's next for Matherne?
The recent strategic investment, characterized as a major capital event, suggests Matherne is entering a scaling phase, likely focusing on expanding its retail footprint and enhancing its product offerings. This late-stage funding will enable Matherne to further solidify its market position and potentially explore new service innovations to meet evolving consumer demands.
See full Matherne company page