Cold Stone Creamery
Cold Stone Creamery Raises $400M in Private
Quick Facts
Cold Stone Creamery Raises $400M in Private
Cold Stone Creamery has successfully raised $400M in a Private at a $600M valuation led by Private.
Company Overview
Cold Stone Creamery is a Restaurants company headquartered in 9311 E Via de Ventura, Scottsdale, AZ 85258, founded in 1988 with 400+ employees.
Ice cream parlor chain
Fundraising Details
- Amount Raised: $400M
- Round Type: Private
- Valuation: $600M
- Date: 2024-01-01
- Investors: Private
About Cold Stone Creamery
Ice cream parlor chain The company is positioned in the Restaurants sector, serving a growing market with innovative solutions.
Key Information
- Headquarters: 9311 E Via de Ventura, Scottsdale, AZ 85258
- Founded: 1988
- Team Size: 400+
- Industry: Restaurants
What This Means
This funding round demonstrates strong investor confidence in Cold Stone Creamery'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. Cold Stone Creamery's successful fundraising reflects the strong fundamentals and growth potential in this space.
Valuation Milestone
Reaching a $600M valuation marks an important milestone for Cold Stone Creamery, positioning the company among notable players in the Restaurants industry.
Looking Ahead
With this new capital, Cold Stone Creamery 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 Cold Stone Creamery, visit their headquarters at 9311 E Via de Ventura, Scottsdale, AZ 85258.
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