How Much Did Trace Grill Raise?
Funding & Key Investors

Trace Grill, a company operating within the restaurant sector, has announced a total funding of $150K. The most recent financing round, valued at $150K, was characterized as a major strategic investment, underscoring the company's current phase of significant expansion or development. This capital infusion is pivotal for Trace Grill as it navigates its growth strategy.

What is Trace Grill?

Trace Grill
HospitalityRestaurant Reservations

Trace Grill is a family-owned restaurant established in 1999 by Kevin and Tracey Thompson, aiming to provide a welcoming atmosphere for enjoying home-cooked meals. The establishment prides itself on serving quality food at reasonable prices, with signature items including homemade hamburger buns, babyback ribs, fresh daily salad dressings, and fried green tomatoes. The company's focus on a traditional, family-friendly dining experience positions it within the competitive casual dining market.

How much funding has Trace Grill raised?

Trace Grill has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Trace Grill

PPP

Public-Private Partnership

What's next for Trace Grill?

With the recent strategic investment, Trace Grill is poised for further development and potential expansion. The capital will likely be allocated towards enhancing operational capabilities, potentially expanding menu offerings, or exploring new market opportunities. This late-stage funding suggests a strategic push to solidify its market presence and capitalize on its established reputation for quality and value. The company's trajectory indicates a focus on sustainable growth and reinforcing its brand as a go-to destination for family dining.

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Frequently Asked Questions Regarding Trace Grill Financial Insights

What are the most recent funding rounds that Trace Grill has completed, and what were the funding rounds?
Trace Grill has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Trace Grill has raised to date?
Trace Grill has raised a total of $150K in funding to date.
How many funding rounds has Trace Grill completed?
Trace Grill has completed 1 funding rounds.
How much funding did Trace Grill raise in its most recent funding round?
Trace Grill raised $150K in its most recent funding round.
Who are the lead investors in Trace Grill's latest funding round?
The lead investor in Trace Grill'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 Trace Grill's history?
The largest funding round in Trace Grill's history was $150K.
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