How Much Did Russo's Raise?
Funding & Key Investors

Russo's, a long-standing family business with over a century of operation, has secured $1M in total capital, with a recent strategic investment of $1M on April 14, 2020. This debt financing round, totaling $1 million, was a significant event for the company.

What is Russo's?

Russo's
RetailGrocery RetailAgriculture

Russo's has been a cornerstone of the community for over 100 years, evolving from a small farm in Watertown into a comprehensive retail and wholesale operation. The business, deeply rooted in family tradition, has served generations of customers across its produce, floral, bakery, and deli departments. The company's operations were characterized by a strong work ethic, with daily involvement from its owner, Tony Russo, who is now retiring after seven decades of service.

How much funding has Russo's raised?

Russo's has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Russo's

PPP

Public-Private Partnership

What's next for Russo's?

Following over 70 years of dedicated service by Tony Russo, Russo's has announced its closure this fall. This marks the end of an era for the family business, which began over a century ago. The company has expressed deep gratitude to its employees, customers, growers, and suppliers for their contributions and loyalty throughout its extensive history. The closure signifies a transition away from its established retail and wholesale operations.

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Frequently Asked Questions Regarding Russo's Financial Insights

What are the most recent funding rounds that Russo's has completed, and what were the funding rounds?
Russo's has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Russo's has raised to date?
Russo's has raised a total of $1M in funding to date.
How many funding rounds has Russo's completed?
Russo's has completed 1 funding rounds.
How much funding did Russo's raise in its most recent funding round?
Russo's raised $1M in its most recent funding round.
Who are the lead investors in Russo's's latest funding round?
The lead investor in Russo's'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 Russo's's history?
The largest funding round in Russo's's history was $1M.
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