About Pollo Tropical
Pollo Tropical is a company based in Miami (United States) founded in 1988 by Stuart Harris and Larry Harris.. Pollo Tropical offers products and services including TropiChop Bowl, Grilled Chicken Wrap, Family Meals, and Catering Services. Pollo Tropical operates in a competitive market with competitors including Burger King, Cracker Barrel, Wingstop, First Watch and YUM! Brands, among others.
- Headquarter Miami, United States
- Founders Stuart Harris, Larry Harris
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Pollo Operations, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$230 M (USD), Debt – Conventional
Dec 09, 2024
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Investors
Bain Capital
& 1 more
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Employee Count
Employee Count
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Products & Services of Pollo Tropical
Pollo Tropical offers a comprehensive portfolio of products and services, including TropiChop Bowl, Grilled Chicken Wrap, Family Meals, and Catering Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Customizable bowl with proteins, rice, beans, and toppings
Wrap with grilled chicken, vegetables, and dressings
Pre-packaged meals for families with various sides
Custom food packages for parties and events
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Funding Insights of Pollo Tropical
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $230.0M
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First Round
First Round
(17 Nov 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2024 | Amount | Debt – Conventional - Pollo Tropical | Valuation |
investors |
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| Nov, 2023 | Amount | Debt – Conventional - Pollo Tropical | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Pollo Tropical
Pollo Tropical has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Bain Capital and Comvest Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity and credit investment services for North American middle-market companies.
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Founded Year | Domain | Location | |
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Debt and equity investments are pursued across multiple sectors.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Pollo Tropical
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Pollo Tropical
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Pollo Tropical Comparisons
Competitors of Pollo Tropical
Pollo Tropical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Burger King, Cracker Barrel, Wingstop, First Watch and YUM! Brands, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Burgers and fast food are served by a restaurant chain.
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| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated nationwide.
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| domain | founded_year | HQ Location |
Chicken wings are served by a chain of restaurants nationwide.
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| domain | founded_year | HQ Location |
A chain of limited-service restaurants is operated nationwide.
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| domain | founded_year | HQ Location |
Restaurants chains
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| domain | founded_year | HQ Location |
Restaurant chain with signature chicken wings based in USA
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Pollo Tropical
Frequently Asked Questions about Pollo Tropical
When was Pollo Tropical founded?
Pollo Tropical was founded in 1988 and raised its 1st funding round 35 years after it was founded.
Where is Pollo Tropical located?
Pollo Tropical is headquartered in Miami, United States. It is registered at Miami, Florida, United States.
Who is the current CEO of Pollo Tropical?
Richard Stockinger is the current CEO of Pollo Tropical.
What does Pollo Tropical do?
Pollo Tropical was founded in 1988 in Miami, United States, by Stuart Harris and Larry Harris. A chain of limited-service restaurants is operated, with a focus on chicken-based dishes in the fast-casual dining sector. Quick meals and sides are provided to customers across various locations. Richard Stockinger is designated as CEO, overseeing operations primarily in the United States.
Who are the top competitors of Pollo Tropical?
Pollo Tropical's top competitors include Burger King, Cracker Barrel and Buffalo Wild Wings.
What products or services does Pollo Tropical offer?
Pollo Tropical offers TropiChop Bowl, Grilled Chicken Wrap, Family Meals, and Catering Services.
Who are Pollo Tropical's investors?
Pollo Tropical has 2 investors. Key investors include Bain Capital, and Comvest Partners.