# Maria Empanada

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/maria-empanada

- Industry: Travel & Leisure
- Headquarters: Denver, US
- Website: www.mariaempanada.com
- Total disclosed funding: $3.5M
- Latest round: Series A (Nov 2, 2017)
- Investors on record: 1

## About

Maria Empanada is a company specializing in the production and sale of traditional Argentinian empanadas, offering a diverse selection of both savory and sweet pastries that cater to varying tastes and occasions.Founded in 2010 in Denver, US by Lorena Cantarovici, Maria Empanada focuses on crafting authentic empanadas. The company has raised a total of USD 3.5 mn across funding rounds, with its latest funding being a Series A round led by Colorado Impact Fund in November 2017. The firm has conducted one investment deal to date, enhancing its operational capabilities.Maria Empanada specializes in the production and sale of Argentinian empanadas, which are traditional pastries filled with various savory and sweet fillings. The company offers an extensive range of empanadas, including classic and unique options inspired by the founder's culinary experiences. Customers can choose from regular to cocktail-sized empanadas, available in individual portions or bulk boxes. The empanadas are baked fresh throughout the day and can be frozen for later use, appealing to individuals, families, and corporate clients. The company operates in several major urban areas in the United States, where there is a demand for authentic international cuisine.Maria Empanada generates revenue through direct-to-consumer sales of its empanadas and catering services for events. Transactions occur through its physical restaurant locations and catering contracts for businesses and private clients. The empanadas are priced individually or by the box, catering to various budget ranges, with flagship offerings rotating seasonally to retain customer interest. Revenue streams are diversified through one-time purchases and pre-arranged catering orders, aligning with client needs.In November 2017, Maria Empanada secured a USD 3.5 mn investment through a Series A funding round, led by Colorado Impact Fund. The company plans to leverage this funding to design and launch new products aimed at expanding its menu. Additionally, Maria Empanada aims to enter new geographic markets, specifically targeting regions with an increasing interest in international cuisine within the next few years. These initiatives are part of the company's broader strategy to enhance its footprint and product offerings.

## Funding rounds

- Series A, Nov 2, 2017, $3.5M — Colorado Impact Fund

## Investors

- Colorado Impact Fund (https://capitalatlas.ai/funds/colorado-impact-fund) — Series A