How Much Did Ocean Raise?
Funding & Key Investors

Ocean has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant investment underscores the company's established market presence and its trajectory within the competitive restaurant industry. The context of this large-scale late-stage funding suggests a focus on scaling operations or strategic expansion.

What is Ocean?

Ocean
HospitalityRestaurant Reservations

Ocean, established in 2002 by George Reis and situated in Birmingham's Five Points district, is a highly recognized restaurant celebrated for its fresh seafood and contemporary atmosphere. Over the past twelve years, it has consistently garnered accolades, including the AAA Four Diamond award and recognition as Best Restaurant and Best Chef. The establishment offers a dual experience with an inviting patio bar and an indoor dining area, featuring a raw bar with a selection of oysters, shrimp, clams, and lobster, alongside signature martinis. Ocean's commitment to quality has also earned it regular awards from Wine Spectator.

How much funding has Ocean raised?

Ocean has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Ocean?

The recent major strategic investment into Ocean, characterized as large-scale late-stage funding, indicates a pivotal moment for the company. This capital infusion is likely earmarked for enhancing operational efficiencies, expanding its market reach, or potentially exploring new culinary ventures. Given its strong track record and consistent awards, Ocean is well-positioned to leverage this financing to solidify its leadership in the fine dining sector and further innovate its acclaimed seafood offerings.

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Frequently Asked Questions Regarding Ocean Financial Insights

What are the most recent funding rounds that Ocean has completed, and what were the funding rounds?
Ocean has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Ocean has raised to date?
Ocean has raised a total of $350K in funding to date.
How many funding rounds has Ocean completed?
Ocean has completed 1 funding rounds.
How much funding did Ocean raise in its most recent funding round?
Ocean raised $350K in its most recent funding round.
Who are the lead investors in Ocean's latest funding round?
The lead investor in Ocean'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 Ocean's history?
The largest funding round in Ocean's history was $350K.
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