What is Preserve?
Preserve operates with a mission to safeguard and celebrate traditional food and drink artistry. The company focuses on preserving skills that have been historically undervalued, creating a marketplace that highlights artisans dedicated to protecting these time-honored traditions. Their establishment serves as a multifaceted venue for dining, drinking, shopping, and socializing, encouraging patrons to appreciate the simple luxuries and connections with loved ones, thereby preserving the "good life."
How much funding has Preserve raised?
Preserve has raised a total of $434K across 2 funding rounds:
Debt
$150K
Debt
$284K
Debt (2020): $150K with participation from PPP
Debt (2021): $284K led by PPP
Key Investors in Preserve
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Preserve?
With its large-scale late-stage funding, Preserve is strategically positioned to expand its initiatives in preserving culinary heritage. The recent strategic investment signals confidence from backers in the company's unique market approach and its ability to scale its operations. Future endeavors will likely focus on broadening the reach of its marketplace, enhancing its educational outreach on traditional food and drink practices, and potentially developing new platforms to support artisans. This capital will be instrumental in solidifying Preserve's role as a leader in the cultural preservation of food and beverage traditions.
See full Preserve company page