What is North Square?
Operating out of the historic Washington Square Hotel, North Square has carved out a specialized niche in the farm-to-table movement by integrating an on-site rooftop garden into its supply chain. This approach allows the establishment to offer a hyper-seasonal American menu that resonates with both local patrons and visitors seeking an authentic Greenwich Village experience. Beyond its culinary offerings, the company has demonstrated operational resilience by diversifying its revenue streams through private event hosting, takeout, and delivery services, all while maintaining a curated selection of American wines and spirits. The firm's ability to leverage its physical assets for both production and service distinguishes it as a sophisticated player in the urban hospitality sector.
How much funding has North Square raised?
North Square has raised a total of $1.6M across 2 funding rounds:
Debt
$350K
Debt
$1.3M
Debt (2020): $350K with participation from PPP
Debt (2021): $1.3M led by PPP
Key Investors in North Square
PPP
Public-Private Partnership
What's next for North Square?
With the recent influx of capital, North Square is positioned to optimize its debt structure and potentially scale its unique dining concept. The strategic focus will likely shift toward enhancing the efficiency of its rooftop agricultural operations and expanding its private event capabilities to capture higher-margin revenue. As the hospitality industry continues to evolve toward experiential dining, North Square's commitment to genuine hospitality and sustainable sourcing provides a solid foundation for long-term growth. Management is expected to prioritize operational excellence and brand visibility, ensuring that the restaurant remains a cornerstone of the Washington Square neighborhood while navigating the complexities of the current economic environment.
See full North Square company page
