Chip City Cookies is a New York City–based gourmet cookie chain founded in July 2017 by Peter Phillips and Teddy Gailas. The company operates brick-and-mortar retail locations and ships nationwide through Goldbelly. As of the article, Chip City has 38 locations across eight states—New York, New Jersey, Connecticut, Florida, Illinois, Maryland, Massachusetts, and Virginia—and plans to enter new markets including Pennsylvania before year-end. Chip City raised $7.5 million in a Series B from Enlightened Hospitality Investments. The company says it will use the funds to continue investing in expanding its physical footprint across the United States and to invest in people, services, and creative collaborations. The funding is intended to strengthen the brand's position within the competitive cookie segment as it expands into additional markets in 2024. Chip City Cookies is a New York-based gourmet cookie brand that rotates flavorful, sizeable cookies on a weekly basis. Co-founded by Peter Phillips and Teddy Gailas, the company operates 14 locations across Manhattan, Brooklyn, Queens and Long Island. It leverages a ship-anywhere partnership with Uber Eats to reach customers beyond its storefronts. Chip City received $10M from Enlightened Hospitality Investments to accelerate growth and strengthen its brand within the competitive cookie segment. The company plans to scale its concept beyond New York City, with stated plans to enter New Jersey and Florida.

Total raised

$18M

Funding rounds

2

Latest round

Series B

Latest activity

May 2024