How Much Did Purgatory Raise?
Funding & Key Investors

Purgatory has secured substantial capital, with its total funding reaching $315K and its most recent financing round amounting to $165K. This significant influx of capital underscores the company's progression through a large-scale late-stage funding phase, signaling a period of accelerated growth and market expansion within the competitive Restaurants sector.

The company's latest financial maneuver, a major strategic investment, highlights a pivotal moment in its trajectory, likely aimed at solidifying its market position and scaling operations.

What is Purgatory?

Purgatory
HospitalityRestaurant Reservations

Purgatory operates within the Restaurants industry, a dynamic and often challenging market. Headquartered in Salt Lake City, Utah, the company employs between 20 to 49 individuals and generates revenue in the range of $5 million to $10 million. This positions Purgatory as a growing entity with established operations, poised for further development and market penetration. Its focus on the restaurant sector suggests a business model centered on culinary services, customer experience, and operational efficiency.

How much funding has Purgatory raised?

Purgatory has raised a total of $315K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$165K

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

Debt (2021): $165K led by PPP

Key Investors in Purgatory

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Purgatory?

With the recent large-scale late-stage funding, Purgatory is strategically positioned to enhance its operational capabilities, potentially expand its geographic footprint, and invest in innovative service offerings. The major strategic investment indicates a strong belief from backers in the company's long-term viability and growth potential. Future endeavors will likely involve scaling operations, optimizing supply chains, and potentially exploring new market segments or service models to capitalize on its current momentum and solidify its competitive advantage in the Restaurants industry.

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Frequently Asked Questions Regarding Purgatory Financial Insights

What are the most recent funding rounds that Purgatory has completed, and what were the funding rounds?
Purgatory has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Purgatory has raised to date?
Purgatory has raised a total of $315K in funding to date.
How many funding rounds has Purgatory completed?
Purgatory has completed 2 funding rounds.
How much funding did Purgatory raise in its most recent funding round?
Purgatory raised $165K in its most recent funding round.
Who are the lead investors in Purgatory's latest funding round?
The lead investor in Purgatory'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 Purgatory's history?
The largest funding round in Purgatory's history was $165K.
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