How Much Did New Deck Tavern Raise?
Funding & Key Investors

New Deck Tavern has secured significant financial backing, with its total funding reaching $461K and its most recent capital infusion amounting to $311K. This large-scale late-stage funding round, characterized as a major strategic investment, underscores the company's established market presence and future growth potential.

What is New Deck Tavern?

New Deck Tavern
HospitalityRestaurant Reservations

New Deck Tavern is a historic Irish pub and restaurant situated in University City, Philadelphia. Renowned for its inviting ambiance and an extensive collection of draft beers, it also boasts one of the city's most comprehensive single malt scotch selections. The establishment serves both students and local patrons, with its full menu available nightly until close to closing time. A distinctive feature is its European draft beer system, imported directly from County Cork, Ireland, which is central to its claim of serving the finest pint of Guinness in Philadelphia. The tavern occupies renovated 19th-century row houses, contributing to its unique historical appeal.

How much funding has New Deck Tavern raised?

New Deck Tavern has raised a total of $461K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$311K

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

Debt (2021): $311K led by PPP

What's next for New Deck Tavern?

The substantial late-stage investment signals a pivotal moment for New Deck Tavern, likely enabling strategic expansion initiatives, enhancements to its unique beverage program, or further development of its culinary offerings. This capital infusion is expected to solidify its position as a premier destination for craft beer and dining in Philadelphia, potentially allowing for operational scaling or the exploration of new market opportunities within the hospitality sector.

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Frequently Asked Questions Regarding New Deck Tavern Financial Insights

What are the most recent funding rounds that New Deck Tavern has completed, and what were the funding rounds?
New Deck Tavern has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 13, 2020.
What is the total amount of funding New Deck Tavern has raised to date?
New Deck Tavern has raised a total of $461K in funding to date.
How many funding rounds has New Deck Tavern completed?
New Deck Tavern has completed 2 funding rounds.
How much funding did New Deck Tavern raise in its most recent funding round?
New Deck Tavern raised $311K in its most recent funding round.
Who are the lead investors in New Deck Tavern's latest funding round?
The lead investor in New Deck Tavern'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 New Deck Tavern's history?
The largest funding round in New Deck Tavern's history was $311K.
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