How Much Did Forgotten Boardwalk Brewing Raise?
Funding & Key Investors

Forgotten Boardwalk Brewing has successfully secured a significant capital injection, bringing its total funding to $47K. This latest financing round, which accounts for $47K, marks a pivotal moment for the Cherry Hill-based enterprise as it transitions into a more aggressive growth phase. By leveraging this substantial expansion capital, the company is well-positioned to scale its production capabilities and deepen its market penetration within the competitive craft beverage sector.

The infusion of funds underscores investor confidence in the brewery's unique value proposition, which blends historical narrative with modern product innovation. As the company navigates this Series B/C stage, the focus remains on operational efficiency and brand amplification, ensuring that its distinct portfolio of craft beers and hard seltzers reaches a broader demographic of consumers.

What is Forgotten Boardwalk Brewing?

Forgotten Boardwalk Brewing
ManufacturingFood & BeverageHospitality

Forgotten Boardwalk Brewing operates as a specialized craft beverage producer based in Cherry Hill, New Jersey, distinguishing itself through a thematic approach to brewing that draws inspiration from the rich history of the Jersey Shore. The company has carved out a unique market niche by producing New Jersey's first in-house hard seltzer, alongside a diverse tap list that includes creative offerings like the Funnel Cake cream ale and the Shore Shiver IPA. Beyond its core beer and seltzer lines, the brewery has demonstrated agility by diversifying into non-alcoholic alternatives and engaging in cultural collaborations, such as the Music to Brew By series. This multifaceted business model, which integrates a physical taproom experience with robust distribution channels, positions the firm as a significant player in the regional craft beverage landscape.

How much funding has Forgotten Boardwalk Brewing raised?

Forgotten Boardwalk Brewing has raised a total of $47K across 1 funding round:

2021

Debt

$47K

Debt (2021): $47K with participation from PPP

Key Investors in Forgotten Boardwalk Brewing

PPP

Public-Private Partnership

What's next for Forgotten Boardwalk Brewing?

With the recent influx of capital, Forgotten Boardwalk Brewing is poised to accelerate its strategic roadmap, focusing on scaling production to meet rising demand for its artisanal beverages. The company is expected to prioritize infrastructure upgrades and market expansion, potentially broadening its distribution footprint beyond its current local stronghold. By maintaining its commitment to high-quality, narrative-driven brewing, the firm aims to solidify its brand equity while exploring new avenues for consumer engagement. As it moves forward, the brewery will likely leverage its recent financial backing to optimize supply chain logistics and enhance its digital presence, ensuring long-term sustainability in an increasingly crowded craft market.

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Frequently Asked Questions Regarding Forgotten Boardwalk Brewing Financial Insights

What are the most recent funding rounds that Forgotten Boardwalk Brewing has completed, and what were the funding rounds?
Forgotten Boardwalk Brewing has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Forgotten Boardwalk Brewing has raised to date?
Forgotten Boardwalk Brewing has raised a total of $47K in funding to date.
How many funding rounds has Forgotten Boardwalk Brewing completed?
Forgotten Boardwalk Brewing has completed 1 funding rounds.
How much funding did Forgotten Boardwalk Brewing raise in its most recent funding round?
Forgotten Boardwalk Brewing raised $47K in its most recent funding round.
Who are the lead investors in Forgotten Boardwalk Brewing's latest funding round?
The lead investor in Forgotten Boardwalk Brewing'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 Forgotten Boardwalk Brewing's history?
The largest funding round in Forgotten Boardwalk Brewing's history was $47K.
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