Chip City Cookies, a NYC-based provider of a gourmet cookie chain, raised $7.5M in Series B funding.
Enlightened Hospitality Investments made the investment.
The company intends to use the funds to continue its investment in growing its brick and mortar locations throughout the United States, as well as in people, services, and creative collaborations to further strengthen its brand position within the competitive cookie segment.
Founded in July of 2017 by Peter Phillips and Teddy Gailas, Chip City currently has over 35 locations across eight states with plans to enter into new markets in 2024. Today, the company has 38 locations across New York, New Jersey, Connecticut, Florida, Illinois, Maryland, Massachusetts, and Virginia, with plans to enter into new markets, including Pennsylvania, before the end of the year. The brand ships nationwide via Goldbelly.
FinSMEs
09/05/2024