Oath Craft Pizza, a Boston, MA-based pizza company, raised $7M in a Series B funding.
The round, which has brought total funding to date to $16M since inception, was led by venture capital firm Breakaway Ventures.
Founded in November 2015 and led by Patrik Hellstrand, CEO, Oath Craft Pizza is a fast-casual pizza restaurant which features proprietary pizza crust and sustainably sourced toppings and is committed to serving the communities they are in by supporting local causes and events.
The company intends to use the funds to expand into the East Coast, with the opening of additional locations in 2017, including their first restaurant outside of the Boston area, which will open later this fall in the D.C. area., inside the Mosaic District, an upscale shopping and dining complex in Fairfax County, VA.
Oath Craft Pizza’s next Boston area restaurant opening later this summer will be located in the Central Square neighborhood in Cambridge near MIT’s campus [181 Massachusetts Avenue]. The Central Square restaurant marks their sixth location, joining four existing Boston area restaurants as well as the original location in Nantucket.
This fall, the company will also open a new restaurant in the Fenway neighborhood of Boston [1350 Boylston].