How Much Did Parada Raise?
Funding & Key Investors

Parada, the Walnut Creek-based culinary destination, has successfully secured a significant capital injection, bringing its total funding to $150K. This latest financial milestone, characterized by a $150K strategic investment, underscores the company's resilience and its capacity to scale operations within the competitive hospitality sector. By leveraging this influx of resources, the organization is well-positioned to solidify its market presence and enhance its operational infrastructure.

What is Parada?

Parada
HospitalityRestaurant Reservations

Parada Kitchen serves as a premier gastronomic hub, drawing inspiration from the bustling produce markets of Lima, Peru. Under the expert guidance of acclaimed chef Carlos Altamirano, the establishment offers an authentic menu that highlights traditional Peruvian staples, including fresh fish cebiches, grilled anticuchos, and the signature Pollo a la Brasa. The company operates with a versatile business model that encompasses dine-in, takeout, and comprehensive catering services, effectively capturing a diverse demographic of diners. Its commitment to providing a warm, approachable atmosphere while maintaining high culinary standards has established Parada as a notable player in the regional restaurant landscape.

How much funding has Parada raised?

Parada has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Parada

PPP

Public-Private Partnership

What's next for Parada?

With the successful acquisition of this late-stage financing, Parada is poised to enter a new phase of strategic expansion. The capital will likely be deployed to optimize supply chain logistics, refine the guest experience, and potentially explore new market opportunities for its unique Peruvian culinary concept. As the company navigates the complexities of the post-pandemic hospitality environment, this investment provides the necessary liquidity to sustain growth, invest in talent acquisition, and maintain the high-quality standards that define the brand. Future initiatives will likely focus on scaling the catering division and enhancing digital engagement to drive long-term revenue stability.

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Frequently Asked Questions Regarding Parada Financial Insights

What are the most recent funding rounds that Parada has completed, and what were the funding rounds?
Parada has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Parada has raised to date?
Parada has raised a total of $150K in funding to date.
How many funding rounds has Parada completed?
Parada has completed 1 funding rounds.
How much funding did Parada raise in its most recent funding round?
Parada raised $150K in its most recent funding round.
Who are the lead investors in Parada's latest funding round?
The lead investor in Parada'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 Parada's history?
The largest funding round in Parada's history was $150K.
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