How Much Did Pho 85 Raise?
Funding & Key Investors

Pho 85 has successfully secured a significant capital injection, bringing its total funding to $24K. This latest round, which accounts for $24K, marks a pivotal moment for the Ankeny-based culinary establishment as it transitions into a more aggressive growth phase. By leveraging this debt financing, the company is well-positioned to scale its operations and solidify its footprint within the competitive regional restaurant sector.

What is Pho 85?

Pho 85
HospitalityRestaurant Reservations

Pho 85 operates as a specialized provider of authentic Vietnamese and Asian cuisine, distinguishing itself through a commitment to fresh ingredients and accessible pricing. The restaurant has cultivated a loyal customer base in Ankeny, IA, by offering a comprehensive menu that includes traditional beef rice noodle soup, vermicelli bowls, and a variety of appetizers. Beyond its physical dining presence, the company has integrated digital infrastructure to facilitate online ordering, effectively bridging the gap between traditional hospitality and modern consumer convenience. This operational model serves as a robust foundation for its current expansion strategy.

How much funding has Pho 85 raised?

Pho 85 has raised a total of $24K across 1 funding round:

2021

Debt

$24K

Debt (2021): $24K with participation from PPP

Key Investors in Pho 85

PPP

Public-Private Partnership

What's next for Pho 85?

With the infusion of this substantial expansion capital, Pho 85 is expected to prioritize operational scaling and market penetration. The strategic deployment of these funds will likely focus on enhancing supply chain efficiencies, optimizing the dine-in experience, and potentially exploring additional locations to capture broader market share. As the company navigates this mature stage of development, the focus remains on maintaining the quality standards that have defined its brand while scaling its service capacity to meet rising demand in the local and regional food service landscape.

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Frequently Asked Questions Regarding Pho 85 Financial Insights

What are the most recent funding rounds that Pho 85 has completed, and what were the funding rounds?
Pho 85 has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding Pho 85 has raised to date?
Pho 85 has raised a total of $24K in funding to date.
How many funding rounds has Pho 85 completed?
Pho 85 has completed 1 funding rounds.
How much funding did Pho 85 raise in its most recent funding round?
Pho 85 raised $24K in its most recent funding round.
Who are the lead investors in Pho 85's latest funding round?
The lead investor in Pho 85'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 Pho 85's history?
The largest funding round in Pho 85's history was $24K.
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