Financing

Pupatella pizza chain gets $3.75M investment

The Neapolitan concept looks to grow.
Photographs courtesy of Pupatella

Pupatella, a two-unit Neapolitan pizza chain in Virginia, has secured a $3.75 million investment to expand into the Washington, D.C., area.

The investment came from private-equity investors as well as friends and family, according to a spokeswoman.

pupatella

Pupatella began as a food truck in 2007 and founders Enzo and Anastasiya Algarme opened their first unit in 2010. The growing chain plans to open as many as eight company-owned pizzerias over the next three years, the company said.

pupatella

“In my home of Naples, classic Neapolitan pizza can be found on every corner. After not finding pizza like home, I became passionate about sharing the delicious food of my youth. We are thrilled to bring more Pupatella pizzerias to our Washington-area neighbors,” Enzo Algarme said in a statement.

In 2016, Pupatella partnered with the team behind Elevation Burger to grow the brand through franchising and corporate development.

The counter-ordering, table-service concept serves pizza, fried items, small plates, wines and beers.

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