Operations

Via 313 Pizzeria raises $32.5M to double footprint in 3 years

Photo: Via 313 Pizzeria

February 6, 2025

Detroit-style pizza brand Via 313 Pizzeria has announced a capital raise of $32.5 million led by Asilia Investments and Brightwood Capital Advisors to help the brand grow, according to a press release.

The funding includes a target of 100% growth of unit count by adding more than 20 stores within the next three years.

Via 313 is partnered with Savory Fund, a private equity firm that invests in emerging restaurant concepts. The partners have expanded Via 313 from three full-service restaurants and two trailers to 23 total locations.

"We couldn't be happier with the trajectory of this brand," Andrew K. Smith, managing director of Savory Funds, said in the release. "We've got the right leaders in place, we have a strong growth strategy, and we are energized by our new partners, Asilia and Brightwood, who understand the power and potential of Via 313. It is a special brand with limitless growth potential. Plus, we have the best pizza in the country — and I say that as a Chicago native who knows and loves pizza."

Zane Hunt, co-founder of Via 313, said he started the brand to share his favorite pizza with the rest of the country.

"Lifting up communities — whether it's through a delicious slice of pizza or through our 'Better Giving Through Pizza' initiative — is a core pillar of who we are. No matter how big we get, every single community Via 313 is a part of will continue to honor that," Hunt said in the release. "As we prepare for this next phase of growth, we look forward to the opportunity to connect with and support more communities with unforgettable food and hometown hospitality. We're grateful and excited for the journey ahead."

Via 313 is based out of Austin, Texas, and has restaurants in Texas and Utah.