Firehouse Subs Raises $1B in Private

Firehouse Subs has successfully raised $1B in a Private at a $2B valuation led by Private.

Company Overview

Firehouse Subs is a Restaurants company headquartered in 12735 Gran Bay Parkway W, Jacksonville, FL 32258, founded in 1994 with 13000+ employees.

Sandwich chain

Fundraising Details

Amount Raised: $1B
Round Type: Private
Valuation: $2B
Date: 2024-01-01
Investors: Private

About Firehouse Subs

Sandwich chain The company is positioned in the Restaurants sector, serving a growing market with innovative solutions.

Key Information

Headquarters: 12735 Gran Bay Parkway W, Jacksonville, FL 32258
Founded: 1994
Team Size: 13000+
Industry: Restaurants

What This Means

This funding round demonstrates strong investor confidence in Firehouse Subs's vision and execution. The capital will likely be used to:

Scale Operations: Expand the team and operational capacity
Product Development: Enhance existing products and develop new features
Market Expansion: Enter new markets and strengthen presence in existing ones
Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The Restaurants sector continues to attract significant investment as companies innovate to meet evolving market demands. Firehouse Subs's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $2B valuation marks an important milestone for Firehouse Subs, positioning the company among notable players in the Restaurants industry.

Looking Ahead

With this new capital, Firehouse Subs is well-positioned to execute on its growth strategy and continue building innovative solutions in the Restaurants space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-01-01. For more information about Firehouse Subs, visit their headquarters at 12735 Gran Bay Parkway W, Jacksonville, FL 32258.