# Local Eateries

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/local-eateries

- Industry: Food
- Headquarters: Nashville, US
- Website: www.porterroad.com
- Total disclosed funding: $14M
- Latest round: Series A (Jan 12, 2021)
- Investors on record: 10

## About

Local Eateries, Inc. is a US-based company specializing in premium meat products, delivering high-quality cuts directly to consumers through a subscription model that emphasizes sustainability.Local Eateries, Inc., founded in 2011, offers premium meat sourced primarily from Kentucky and Tennessee. The company was established by James Peisker and is headquartered in Nashville, US. It has completed a total of 4 deals, with its latest funding round being Series A in January 2021, which raised USD 10.000 mn led by L37, and included participation from FJ Labs and others. The total amount raised to date is USD 10.000 mn.Porter Road specializes in premium meat products, offering a diverse selection of high-quality cuts sourced from pastures in Kentucky and Tennessee. The company engages in whole-animal butchery, providing a variety of unique cuts tailored to different culinary needs. Their core offerings include dry-aged and hand-cut beef, pork, and chicken. Targeting health-conscious consumers and culinary enthusiasts, Porter Road utilizes a subscription model for flexible direct-to-consumer delivery.Porter Road generates revenue through a subscription model that facilitates recurring purchases of their meat products. Customers select boxes containing various cuts of meat at intervals of two, four, or eight weeks. For example, the Best of Porter Road Box is priced at USD 155, while individual products like the Bone-In Ribeye Dry Aged are priced at USD 59. The company also offers promotions for larger orders, enhancing customer loyalty and positioning itself as a premium provider.In January 2021, Local Eateries, Inc. raised USD 10.000 mn in Series A funding to enhance its butcher, processing, and direct-to-consumer operations. The company plans to expand its product line, focusing on new meat offerings and improving its processing capabilities. Additionally, there are plans to increase its market reach across the United States, targeting new geographic regions to better serve health-conscious consumers. The recent funding will support these initiatives, enabling expansion and operational improvements.

## Funding rounds

- Series A, Jan 12, 2021, $10M — Tribeca Venture Partners, Slow, Middleland Capital, RiverPark Advisors, FJ Labs, Max Ventures, L37
- Seed, Mar 31, 2018, $3.7M — Collaborative Fund, Tribeca Venture Partners, Great Oaks Venture Capital, Slow, BoxGroup, Max Ventures
- Seed, Jul 24, 2017 — Great Oaks Venture Capital, Slow

## Investors

- Great Oaks Venture Capital (https://capitalatlas.ai/funds/great-oaks-venture-capital) — Seed
- Slow (https://capitalatlas.ai/funds/slow) — Seed, Series A
- Collaborative Fund (https://capitalatlas.ai/funds/collaborative-fund) — Seed
- Tribeca Venture Partners (https://capitalatlas.ai/funds/tribeca-venture-partners) — Seed, Series A
- BoxGroup (https://capitalatlas.ai/funds/boxgroup) — Seed
- Max Ventures (https://capitalatlas.ai/funds/max-ventures) — Seed, Series A
- Middleland Capital — Series A
- RiverPark Advisors (https://capitalatlas.ai/funds/riverpark-advisors) — Series A
- FJ Labs (https://capitalatlas.ai/funds/fj-labs) — Series A
- L37 (https://capitalatlas.ai/funds/l37) — Series A