# Chip City Franchising

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/chip-city-franchising

- Industry: Food
- Headquarters: Astoria, US
- Website: www.chipcitycookies.com
- Total disclosed funding: $7.5M
- Latest round: Series B (May 8, 2024)
- Investors on record: 1

## About

Founded in 2017 and based in New York, US, Chip City Franchising LLC operates as a retail platform that sells cookies and engages in baking lessons online. Peter Phillips (CEO) and Teddy Gailas are the co-founders of the company. As of 2022, the company has 12 locations across Manhattan, Brooklyn, Queens, and Long Island. In May 2024, Chip City Franchising LLC raised USD 7.5 million in series B funding from returning investor Enlightened Hospitality Investments.

The company provides cookies including chocolate chip, triple chocolate, cookies n' cream, horchata, freightfetti, chocolate peanut butter, Nutella sea salt, blueberry cheesecake, oatmeal apple pie, plant-based chocolate chip, lemon berry, cannoli cookie, and more. The firm also offers drinks such as wild berry hibiscus, oat brown sugar freddo cappuccino, and strawberry lemonade.

The organization plans to have five more stores by the end of 2022, including entering a new market with a store in Hoboken.

## Funding rounds

- Series B, May 8, 2024, $7.5M — Enlightened Hospitality Investments

## Investors

- Enlightened Hospitality Investments (https://capitalatlas.ai/funds/enlightened-hospitality-investments) — Series B