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BOISE, Idaho, Dec. 28, 2020 /PRNewswire-PRWeb/ Crave Hospitality Group announces the closing of a $7.3 million seed funding round led by StageDotO, a venture capital firm that focuses on early-stage companies and provides the growth capital, guidance, and infrastructure they need to reach success. Other contributors include Meridian, ID-based investment firm and real estate developer Capital Eleven and undisclosed individual investors.
Crave plans to use the funding to build pre-opening teams for the next four Crave Collective facilities opening in 2021, followed by 10 more in 2022. Locations include Salt Lake City and Provo, Utah; the Dallas-Fort Worth metroplex; Mesa and Chandler, AZ; and Denver, CO.
Senior Editor - Restaurants Investors open wallets for delivery and carryout restaurant model that is powered by in-house delivery and proprietary tech.
Crave Hospitality Group closed of a $7.3 million seed funding round led by StageDotO, a venture capital for its delivery and carryout model. Other contributors include Meridian, ID-based investment firm and real estate developer Capital Eleven and undisclosed individual investors.
Crave plans to use the funding to build pre-opening teams for the next four Crave Collective facilities opening in 2021, followed by 10 more in 2022. Locations include Salt Lake City and Provo, Utah; the Dallas-Fort Worth metroplex; Mesa and Chandler, AZ; and Denver, CO.