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Foxtrot has filed a notice of an exempt offering of securities to raise $30,000,000.00 in New Debt Financing.

Foxtrot has filed a notice of an exempt offering of securities to raise $30,000,000.00 in New Debt Financing.

March 8, 2023 Craig Etkin

According to filings with the U.S. Securities and Exchange Commission, Foxtrot is raising $30,000,000.00 in new funding. Sources indicate that as part of senior management Chief Executive Officer, Michael LaVitola played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Foxtrot
Foxtrot is redefining convenience for the modern consumer, marrying the best of neighborhood retail and e-commerce technology to create a community of discovery. Our storefronts offer the most-loved aspects of neighborhood cafes, and you can turn to the Foxtrot App or website for 30-minute delivery and 5-minute pick up of a citys best goods from local beers and fine wines to chef-prepared meals and everyday essentials. We also offer the best of our favorite foods, goods and curated gifts available for nationwide shipping via Foxtrot Anywhere. Were building a first-of-its-kind omnichannel brand that seamlessly marries e-commerce delivery, proprietary inventory technology, and the feel-good community of neighborhood stores. Since launching our native app in 2013, we now operate a robust e-commerce platform and 20 (and counting!) retail stores across Chicago, DC, VA and Dallas with plans to continue expansion nationwide. Were on a mission to connect people to better convenience through our love for food & culture, so that everyone can feel good about what they buy everyday.

To learn more about Foxtrot, visit http://foxtrotco.com/

Contact:
Michael LaVitola, Chief Executive Officer
847-302-7231
https://www.linkedin.com/in/michael-lavitola-92a3ab1b/

SOURCE: http://www.intelligence360.io
Copyright (c) 2023 SI360 Inc. All rights reserved.


Venture Capital
1600, Chicago, Foxtrot, Illinois, Venture Capital

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