Foxtrot now has extra cash, $100 million to be exact, to back its expansion plans.
The upscale convenience store announced the Series C round Tuesday. D1 Capital Partners led the round, which also included previous investors Lerer Hippeau, Revolution, Beliade, Fifth Wall, Almanac, Wittington, Monogram, and Imaginary.
Mike LaVitola, Foxtrot’s cofounder and CEO, said the funding will go toward three areas: opening new stores, improving its e-commerce operations, and finding new brands and products to feature.
Source: Business Insider