What is Roosevelt?
Established in 2013 and opening its doors in early 2014, Roosevelt is a relatively new entrant to the Denver bar scene, focusing on the art of handcrafted American cocktails. With a distinctively classy, old-style ambiance, the bar aims to evoke an Americana spirit, reminiscent of small spirit companies and craft beer. Roosevelt officially launched on December 26th, 2013, bringing a unique feel to the city's nightlife. The company's offerings include classic drinks such as the Aviation, Moscow Mule, and Paloma, alongside a unique approach to interior design featuring secret bathroom entrances.
How much funding has Roosevelt raised?
Roosevelt has raised a total of $129K across 1 funding round:
Debt
$129K
Debt (2021): $129K with participation from PPP
Key Investors in Roosevelt
PPP
Public-Private Partnership
What's next for Roosevelt?
The recent strategic investment of $129K positions Roosevelt for significant advancement, particularly given its large-scale, late-stage funding context. This capital injection is expected to fuel expansion initiatives, potentially including the enhancement of its cocktail program, broader marketing efforts to increase brand awareness in Denver and beyond, and possibly the exploration of new locations or service models. The company's focus on quality American cocktails and its unique ambiance suggest a strategy centered on premiumization and customer experience, which this financing will likely amplify.
See full Roosevelt company page