How Much Did Wilma's Patio Raise?
Funding & Key Investors

Wilma's Patio, a casual neighborhood eatery in Newport Beach, has secured substantial backing, with its total funding reaching $315K. The company recently announced a significant capital infusion of $165K in a major strategic investment round, underscoring its established market presence and growth trajectory. This latest financing round marks a pivotal moment for the family-owned restaurant.

What is Wilma's Patio?

Wilma's Patio
HospitalityRestaurant Reservations

Wilma's Patio is a casual neighborhood eatery situated in Newport Beach, recognized for its home-style cooking and welcoming atmosphere. Under the stewardship of the Drewry family, the restaurant prioritizes a family-friendly dining experience. Head chef Tomas oversees a menu that spans breakfast, lunch, and dinner, featuring popular dishes such as Eggs Benedict and Prime Sirloin. The establishment is dedicated to fostering a sense of community and belonging among its patrons, encouraging repeat visits and a strong local connection.

How much funding has Wilma's Patio raised?

Wilma's Patio has raised a total of $315K across 2 funding rounds:

2020

Debt

$150K

2024

Debt

$165K

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

Debt (2024): $165K, investors not publicly disclosed

Key Investors in Wilma's Patio

PPP

Public-Private Partnership

What's next for Wilma's Patio?

The recent large-scale, late-stage funding indicates Wilma's Patio is poised for significant expansion or strategic initiatives. This major strategic investment will likely fuel enhancements in operations, menu development, or potentially geographic growth. As a well-established entity in the Newport Beach dining scene, this capital infusion suggests a focus on solidifying its market position and potentially exploring new avenues for revenue generation within the competitive restaurant industry.

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Frequently Asked Questions Regarding Wilma's Patio Financial Insights

What are the most recent funding rounds that Wilma's Patio has completed, and what were the funding rounds?
Wilma's Patio has recently completed 2 funding rounds: Debt on Sep 30, 2024, Debt on Apr 8, 2020.
What is the total amount of funding Wilma's Patio has raised to date?
Wilma's Patio has raised a total of $315K in funding to date.
How many funding rounds has Wilma's Patio completed?
Wilma's Patio has completed 2 funding rounds.
How much funding did Wilma's Patio raise in its most recent funding round?
Wilma's Patio raised $165K in its most recent funding round.
Which was the largest funding round in Wilma's Patio's history?
The largest funding round in Wilma's Patio's history was $165K.
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