Foxtrot, a modern convenience store offering in-store and delivery options, announced that it raised $17 million in a funding round co-led by Imaginary Ventures and Wittington Ventures and joined by previous investors Fifth Wall, Lerer Hippeau, Revolution’s Rise of the Rest Seed Fund, M3 Ventures, The University of Chicago, Collaborative VC and Wasson Enterprises as well as new investors Bluestein Associates and Barshop Ventures. HMB represented Foxtrot in its funding round.
Founded in Chicago, Foxtrot re-imagines the corner convenience store with a wide variety of products from more than 100 vendors and shelves local, emerging and heritage brands as well as many Foxtrot branded products. Consumers can order in-store products through the Foxtrot app and e-commerce site for delivery in addition to shopping at Foxtrot stores. The company has locations in Chicago and Dallas with expansion to Washington D.C. happening in 2021. With this latest funding round, Foxtrot will expand its team and launch more stores.
HMB's team was led by James L. Jerue, Renee A. Rossi and Elise Anderson. Learn more about HMB's Venture Capital and Emerging Companies practice here.
HMB congratulates co-founders Mike Lavitola and Taylor Bloom and everyone at Foxtrot!