How Much Did Ipswich Shellfish Raise?
Funding & Key Investors

Ipswich Shellfish, a prominent wholesale seafood processor and distributor, has secured $1.3M in enterprise-level capital. The company recently announced a significant strategic investment of $1.3M, underscoring its robust market position and ongoing growth trajectory. This latest financing round, which occurred on January 28, 2021, follows a substantial debt financing of $1.3 billion previously reported on the same date, indicating a comprehensive capital strategy to support its extensive operations.

What is Ipswich Shellfish?

Ipswich Shellfish
RetailGrocery Retail

Established in 1935, Ipswich Shellfish stands as a leading provider in the seafood industry, specializing in the processing and distribution of a wide array of fresh and frozen seafood products. Their offerings include whole fish, fillets, scallops, crab meat, live lobsters, shrimp, squid, and various shellfish such as clams and oysters. The company is particularly recognized for its fresh Ipswich clams. With a commitment to certified sustainable species and locally sourced products, Ipswich Shellfish operates seven processing and distribution facilities strategically located from Maine to South Carolina, enabling direct store delivery and nationwide shipments. Their EU HACCP certified facilities ensure stringent quality control and customized packing for both domestic and international markets, emphasizing guaranteed freshness and consistent availability.

How much funding has Ipswich Shellfish raised?

Ipswich Shellfish has raised a total of $1.3M across 1 funding round:

2021

Debt

$1.3M

Debt (2021): $1.3M with participation from PPP

What's next for Ipswich Shellfish?

The substantial enterprise-level capital and recent strategic investment position Ipswich Shellfish for continued expansion and operational enhancement. This infusion of funding is likely to bolster its distribution network, enhance processing capabilities, and potentially explore new market segments or product innovations. The company's focus on direct store delivery and nationwide shipments, coupled with its commitment to quality and sustainability, suggests a strategy aimed at solidifying its market leadership and meeting the evolving demands of the wholesale seafood sector. Future developments may include further integration of technology in its supply chain and expanded offerings of specialty restaurant products.

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Frequently Asked Questions Regarding Ipswich Shellfish Financial Insights

What are the most recent funding rounds that Ipswich Shellfish has completed, and what were the funding rounds?
Ipswich Shellfish has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Ipswich Shellfish has raised to date?
Ipswich Shellfish has raised a total of $1.3M in funding to date.
How many funding rounds has Ipswich Shellfish completed?
Ipswich Shellfish has completed 1 funding rounds.
How much funding did Ipswich Shellfish raise in its most recent funding round?
Ipswich Shellfish raised $1.3M in its most recent funding round.
Who are the lead investors in Ipswich Shellfish's latest funding round?
The lead investor in Ipswich Shellfish'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 Ipswich Shellfish's history?
The largest funding round in Ipswich Shellfish's history was $1.3M.
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