How Much Did MI Terruno Raise?
Funding & Key Investors

MI Terruno has secured $43K in total funding, with a recent capital infusion of $43K designated for substantial expansion. This financing round, occurring around March 2021, signifies a critical growth phase for the company, likely aligning with Series B or C investment stages, indicating a trajectory towards scaling operations and market penetration.

What is MI Terruno?

MI Terruno
HospitalityRestaurant Reservations

MI Terruno is a culinary enterprise specializing in Bakery, Colombian, and Latin American cuisine. Located at 1047 E Main St, Stamford, CT 06902, the company offers online ordering, providing convenient access to its authentic offerings. Its focus on distinct regional flavors positions it within a niche but popular segment of the food service industry, appealing to a diverse customer base seeking traditional and innovative Latin American baked goods and dishes.

How much funding has MI Terruno raised?

MI Terruno has raised a total of $43K across 1 funding round:

2021

Debt

$43K

Debt (2021): $43K with participation from PPP

Key Investors in MI Terruno

PPP

Public-Private Partnership

What's next for MI Terruno?

With the recent substantial expansion capital, MI Terruno is poised for significant operational growth and market expansion. The strategic investment is expected to fuel initiatives such as enhancing production capacity, broadening distribution channels, and potentially developing new product lines that leverage its core expertise in Colombian and Latin American baking. This infusion of financing at a Series B/C stage suggests a focus on solidifying its market position and achieving greater economies of scale, paving the way for sustained revenue growth and increased brand recognition within the competitive food industry.

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Frequently Asked Questions Regarding MI Terruno Financial Insights

What are the most recent funding rounds that MI Terruno has completed, and what were the funding rounds?
MI Terruno has recently completed 1 funding rounds: Debt on Mar 4, 2021.
What is the total amount of funding MI Terruno has raised to date?
MI Terruno has raised a total of $43K in funding to date.
How many funding rounds has MI Terruno completed?
MI Terruno has completed 1 funding rounds.
How much funding did MI Terruno raise in its most recent funding round?
MI Terruno raised $43K in its most recent funding round.
Who are the lead investors in MI Terruno's latest funding round?
The lead investor in MI Terruno'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 MI Terruno's history?
The largest funding round in MI Terruno's history was $43K.
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