Punch Bowl Social operates an experiential food & beverage concept that pairs a scratch kitchen and craft beverages with social gaming and design-forward spaces. The brand serves brunch, lunch, dinner and late-night menus alongside artisanal punches, micro-beers and non-alcoholic craft drinks. It has been recognized by Fast Company as one of The World’s Most Innovative Companies of 2018. Backed by private equity firm L Catterton, the company is pursuing expansion and plans to open multiple new locations. The recent financing from CrowdOut Capital is intended to fund openings in Arlington, VA; Dallas, TX; Ft. Worth, TX; Milwaukee, WI; and several other cities. Punch Bowl Social has chosen flexible debt from CrowdOut over traditional bank loans to support its growth. Punch Bowl Social is a Denver-based pioneer in the eatertainment restaurant category. Founded in 2012 by restaurant entrepreneur Robert Thompson, the concept pairs games such as shuffleboard, ping-pong, bowling, pinball, and skee-ball with a scratch kitchen and craft beverages. The menu is Southern-influenced and seasonally inspired, created by chef Hugh Acheson. The company opened its first location in Denver nearly five years ago and has since expanded to cities including Cleveland, Detroit, Indianapolis, and Minneapolis. With a growth investment from L Catterton’s Growth Fund, Punch Bowl Social plans to double its presence and open new locations in Atlanta, San Diego, Chicago, Dallas, Washington, D.C., and in Denver’s Stapleton community. Terms of the transaction were not disclosed. Punch Bowl Social is an Austin, Texas-based restaurant, bar, bowling and entertainment concept developed by restaurateur Robert Thompson. The concept combines dining, drinks, bowling and other amenities to attract patrons and drive food and beverage revenues. The approach has already launched locations in Denver, Portland and Austin. Punch Bowl Social received $1.75M in funding from Coulton Creek Capital. Proceeds from the investment will be used to expand nationwide.

Total raised

$22M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Nov 2018