What is The Roost?
Founded in 2015 by Dan and Alyssa Lance in collaboration with industry veteran Sean Gafner, The Roost has established itself as a cornerstone of the downtown Longmont community. Operating as a multifaceted restaurant, bar, and event venue, the company distinguishes itself through a mission-driven approach, pledging 10% of its annual profits to support families navigating the adoption process. By integrating community-focused philanthropy with high-quality culinary experiences, The Roost has cultivated a loyal customer base and a distinct market position that transcends traditional hospitality metrics. Their ongoing partnership with organizations like Colorado Kids Belong underscores a commitment to systemic social change, specifically targeting the needs of youth impacted by the foster care system.
How much funding has The Roost raised?
The Roost has raised a total of $616K across 2 funding rounds:
Debt
$150K
Debt
$466K
Debt (2020): $150K with participation from PPP
Debt (2021): $466K led by PPP
Key Investors in The Roost
PPP
Public-Private Partnership
What's next for The Roost?
Looking ahead, the recent influx of capital provides The Roost with the necessary liquidity to navigate the complexities of the modern hospitality landscape. As the company moves into its next phase of growth, the focus will likely remain on optimizing operational efficiencies while maintaining the integrity of its philanthropic mission. By leveraging this major enterprise-level funding, the leadership team is well-positioned to enhance their venue capabilities and expand their community outreach programs. The strategic deployment of these resources will be critical in ensuring that The Roost remains a sustainable, high-impact entity that continues to serve as a model for socially conscious entrepreneurship in the Colorado region and beyond.
See full The Roost company page
