How Much Did Softee the King Raise?
Funding & Key Investors

Softee the King has successfully secured a significant capital injection, bringing its total funding to $101K. This latest round, which provided $94K in substantial expansion capital, marks a pivotal moment for the Tampa Bay-based mobile catering enterprise. By leveraging debt financing, the company is positioning itself to transition from a regional service provider to a dominant force in the local event-based hospitality sector.

What is Softee the King?

Softee the King
RetailGrocery RetailHospitality

Softee the King operates as a specialized mobile ice cream service, delivering premium soft serve experiences to a diverse range of clients, including corporate entities, educational institutions, and private event organizers. By streamlining the logistics of on-site dessert catering, the firm has carved out a distinct niche within the Hillsborough and Pinellas county markets. Their operational model emphasizes high-quality product delivery combined with a seamless, technology-enabled booking interface, ensuring consistent service delivery across high-volume event schedules.

How much funding has Softee the King raised?

Softee the King has raised a total of $101K across 2 funding rounds:

2021

Debt

$7K

2024

Debt

$94K

Debt (2021): $7K with participation from PPP

Debt (2024): $94K led by Colony Bank

Key Investors in Softee the King

Colony Bank

A regional financial institution providing commercial banking services and debt financing solutions to support business growth and operational stability.

PPP

Public-Private Partnership

What's next for Softee the King?

With the recent influx of capital, Softee the King is poised to accelerate its operational footprint. The strategic deployment of these funds will likely focus on fleet expansion, enabling the company to meet the rising demand for mobile catering services across the broader Florida region. Furthermore, the firm is expected to invest in supply chain optimization and digital infrastructure to enhance its scheduling flexibility. As the company scales, maintaining the quality of its service-oriented brand will be critical to sustaining its competitive advantage in the experiential catering market.

See full Softee the King company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Grocery RetailRetailFood & BeverageHospitalityManufacturingRestaurant Reservations
Jewelry & Watch RetailRetailManufacturingWatches & Jewelry
Grocery RetailRetail
Office Products Retail & DistributionRetailManufacturingPulp & Paper

Frequently Asked Questions Regarding Softee the King Financial Insights

What are the most recent funding rounds that Softee the King has completed, and what were the funding rounds?
Softee the King has recently completed 2 funding rounds: Debt on Jul 1, 2024, Debt on Jan 25, 2021.
What is the total amount of funding Softee the King has raised to date?
Softee the King has raised a total of $101K in funding to date.
How many funding rounds has Softee the King completed?
Softee the King has completed 2 funding rounds.
How much funding did Softee the King raise in its most recent funding round?
Softee the King raised $94K in its most recent funding round.
Who are the lead investors in Softee the King's latest funding round?
The lead investor in Softee the King's latest funding round was Colony Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Softee the King's history?
The largest funding round in Softee the King's history was $94K.
See more information about Softee the King