How Much Did The '401 Raise?
Funding & Key Investors

The '401 has successfully secured a significant capital injection, bringing its total funding to $469K. This latest financial milestone, characterized by a $469K investment, underscores the company's resilience and strategic expansion within the competitive Greater Houston hospitality sector. By leveraging this recent backing, the organization is well-positioned to solidify its operational footprint and enhance its service delivery model across its diverse dining and event offerings.

What is The '401?

The '401
HospitalityRestaurant Reservations

Based in Bellaire, Texas, The '401 Table and Tap operates as a multifaceted hospitality enterprise, providing a comprehensive range of culinary experiences spanning lunch, brunch, and dinner. Beyond its core restaurant operations, the company distinguishes itself through specialized catering services and the management of The 77 Event Space. This venue serves as a critical asset for the Greater Houston market, catering to both individual patrons and corporate clients seeking high-quality event infrastructure. The firm's business model integrates daily specials and happy hour programming to drive consistent foot traffic, while its event-centric revenue streams provide a robust buffer against seasonal fluctuations in the broader food and beverage industry.

How much funding has The '401 raised?

The '401 has raised a total of $469K across 1 funding round:

2021

Debt

$469K

Debt (2021): $469K with participation from PPP

Key Investors in The '401

PPP

Public-Private Partnership

What's next for The '401?

With the infusion of this late-stage capital, The '401 is poised to transition into a phase of accelerated growth and infrastructure optimization. The strategic deployment of these funds will likely focus on scaling the capacity of The 77 Event Space to capture a larger share of the regional corporate and social gathering market. Furthermore, the company is expected to refine its operational efficiencies, potentially digitizing its catering logistics and expanding its brand presence throughout the Greater Houston area. As the firm navigates this growth trajectory, the focus will remain on maintaining the high-touch service standards that define its market reputation while simultaneously diversifying its revenue channels to ensure long-term financial sustainability in a volatile economic climate.

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Frequently Asked Questions Regarding The '401 Financial Insights

What are the most recent funding rounds that The '401 has completed, and what were the funding rounds?
The '401 has recently completed 1 funding rounds: Debt on Feb 14, 2021.
What is the total amount of funding The '401 has raised to date?
The '401 has raised a total of $469K in funding to date.
How many funding rounds has The '401 completed?
The '401 has completed 1 funding rounds.
How much funding did The '401 raise in its most recent funding round?
The '401 raised $469K in its most recent funding round.
Who are the lead investors in The '401's latest funding round?
The lead investor in The '401'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 The '401's history?
The largest funding round in The '401's history was $469K.
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