How Much Did Coram Diner Raise?
Funding & Key Investors

Coram Diner has successfully secured a significant capital injection, bringing its cumulative financial backing to $389K. This latest infusion, characterized as a major strategic investment of $239K, underscores the enterprise's resilience and operational endurance within the competitive Long Island hospitality sector. By leveraging debt financing, the organization continues to fortify its balance sheet, ensuring sustained service delivery for its established customer base.

What is Coram Diner?

Coram Diner
HospitalityRestaurant Reservations

Operating as a cornerstone of the Coram, New York community for over three decades, Coram Diner represents a classic Greek-American culinary institution. The company maintains a robust market position by offering a multifaceted menu that spans traditional diner fare, artisanal baked goods, and authentic Mediterranean specialties. Its business model effectively bridges the gap between traditional brick-and-mortar dining and modern digital convenience, providing both in-house service and streamlined online ordering capabilities to cater to a diverse demographic of local residents and regional visitors.

How much funding has Coram Diner raised?

Coram Diner has raised a total of $389K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$239K

Debt (2020): $150K with participation from PPP

Debt (2021): $239K led by PPP

Key Investors in Coram Diner

PPP

Public-Private Partnership

What's next for Coram Diner?

With the recent deployment of $239K, Coram Diner is positioned to optimize its operational infrastructure and enhance its service capacity. The strategic focus will likely shift toward modernizing kitchen workflows and expanding digital engagement platforms to maintain its competitive edge in the regional food service market. As the company navigates the complexities of the current economic landscape, this capital allocation serves as a critical lever for maintaining service quality and long-term fiscal health, ensuring the diner remains a fixture of the Long Island culinary landscape for years to come.

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Frequently Asked Questions Regarding Coram Diner Financial Insights

What are the most recent funding rounds that Coram Diner has completed, and what were the funding rounds?
Coram Diner has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on May 1, 2020.
What is the total amount of funding Coram Diner has raised to date?
Coram Diner has raised a total of $389K in funding to date.
How many funding rounds has Coram Diner completed?
Coram Diner has completed 2 funding rounds.
How much funding did Coram Diner raise in its most recent funding round?
Coram Diner raised $239K in its most recent funding round.
Who are the lead investors in Coram Diner's latest funding round?
The lead investor in Coram Diner's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Coram Diner's history?
The largest funding round in Coram Diner's history was $239K.
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