How Much Did Executive Cigar Raise?
Funding & Key Investors

Executive Cigar has secured $73K in total capital, with a recent infusion of $73K designated for substantial expansion. This financing round, contextualized within a significant Series B/C stage, underscores the company's trajectory for growth and market penetration in the premium cigar retail and lounge sector.

The company's latest funding event, occurring on January 23, 2021, provided the necessary backing to fuel its strategic initiatives.

What is Executive Cigar?

Executive Cigar
RetailConvenience Stores, Gas Stations & Liquor StoresHospitality

Executive Cigar operates as a premier cigar shop and lounge, with established locations in Historic Downtown Melbourne since 2002 and Sanford since 2019. The business specializes in premium hand-rolled cigars and a comprehensive range of smoking accessories, including humidors, cutters, and lighters. A key feature is its walk-in humidor, consistently stocking over 400 boxes of premium cigars. The company also fosters community through initiatives like Fierce Fumeras, a women's cigar club, and hosts events, positioning itself as a central hub for cigar enthusiasts on the Space Coast.

How much funding has Executive Cigar raised?

Executive Cigar has raised a total of $73K across 1 funding round:

2021

Debt

$73K

Debt (2021): $73K with participation from PPP

What's next for Executive Cigar?

With the recent capital injection at a significant Series B/C stage, Executive Cigar is poised for strategic expansion. This investment is expected to facilitate the scaling of operations, potentially through enhancing existing lounge experiences, expanding product lines, or increasing market reach to new demographics and geographic areas. The company's focus on premium products and community engagement, combined with this financial backing, suggests a strategy aimed at solidifying its market leadership and capitalizing on the growing demand for curated cigar experiences.

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Frequently Asked Questions Regarding Executive Cigar Financial Insights

What are the most recent funding rounds that Executive Cigar has completed, and what were the funding rounds?
Executive Cigar has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Executive Cigar has raised to date?
Executive Cigar has raised a total of $73K in funding to date.
How many funding rounds has Executive Cigar completed?
Executive Cigar has completed 1 funding rounds.
How much funding did Executive Cigar raise in its most recent funding round?
Executive Cigar raised $73K in its most recent funding round.
Who are the lead investors in Executive Cigar's latest funding round?
The lead investor in Executive Cigar'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 Executive Cigar's history?
The largest funding round in Executive Cigar's history was $73K.
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