How Much Did The Roost Raise?
Funding & Key Investors

The Roost has secured significant enterprise-level funding, with a total funding amount of $616K. The company recently closed a major strategic investment, bringing in $466K as part of its latest financing round, which concluded on January 29, 2021. This capital infusion underscores the company's growth trajectory and its commitment to expanding its unique business model.

What is The Roost?

The Roost
HospitalityRestaurant Reservations

The Roost is a unique restaurant, bar, and venue located in downtown Longmont, Colorado. Founded by Dan and Alyssa Lance, the business was conceived with a dual mission: to operate a thriving for-profit restaurant and to support the non-profit adoption agency they established. The concept was brought to life with the expertise of Sean Gafner, who, along with his family, moved to Longmont in early 2015 to launch the venture. A core tenet of The Roost's operation is its dedication to philanthropy, with 10% of its profits committed to aiding families in the adoption process and supporting children and youth impacted by foster care through partnerships like Colorado Kids Belong.

How much funding has The Roost raised?

The Roost has raised a total of $616K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$466K

Debt (2020): $150K with participation from PPP

Debt (2021): $466K led by PPP

What's next for The Roost?

With the recent major strategic investment, The Roost is poised for further expansion and operational enhancement. The enterprise-level capital suggests a focus on scaling its unique community-centric model and potentially broadening its philanthropic reach. Future initiatives may involve enhancing the dining and venue experience, expanding marketing efforts to attract a wider customer base, and deepening its impact within the adoption and foster care support ecosystem. The company's commitment to social responsibility, integrated with its commercial operations, positions it for sustained growth and positive community impact.

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Frequently Asked Questions Regarding The Roost Financial Insights

What are the most recent funding rounds that The Roost has completed, and what were the funding rounds?
The Roost has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 11, 2020.
What is the total amount of funding The Roost has raised to date?
The Roost has raised a total of $616K in funding to date.
How many funding rounds has The Roost completed?
The Roost has completed 2 funding rounds.
How much funding did The Roost raise in its most recent funding round?
The Roost raised $466K in its most recent funding round.
Who are the lead investors in The Roost's latest funding round?
The lead investor in The Roost'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 Roost's history?
The largest funding round in The Roost's history was $466K.
See more information about The Roost