How Much Did Pier 402 Raise?
Funding & Key Investors

Pier 402 has secured $45K in total funding, with a recent capital injection of $45K designated for substantial expansion. This financing round, occurring around February 6, 2021, signifies a critical growth phase for the New England-style seafood restaurant chain, likely positioning it for broader market penetration and operational scaling.

What is Pier 402?

Pier 402
HospitalityRestaurant Reservations

Pier 402 is a restaurant concept specializing in classic New England-style seafood. The establishment offers a diverse menu featuring fried and grilled seafood preparations, emphasizing daily freshness. Operating seven days a week in the San Jose area, Pier 402 caters to a dedicated seafood-loving clientele. Beyond its dine-in experience, the company also provides catering services, inviting inquiries for event planning. The restaurant aims to cultivate a welcoming atmosphere, establishing itself as a premier destination for seafood aficionados.

How much funding has Pier 402 raised?

Pier 402 has raised a total of $45K across 1 funding round:

2021

Debt

$45K

Debt (2021): $45K with participation from PPP

Key Investors in Pier 402

PPP

Public-Private Partnership

What's next for Pier 402?

The recent influx of substantial expansion capital, contextualized within a significant Series B/C stage, indicates Pier 402's strategic intent to accelerate its growth trajectory. This investment is likely earmarked for expanding operational capacity, potentially through new location openings, enhancing existing facilities, or bolstering marketing efforts to capture a larger market share. The company's focus on classic seafood preparations and its established presence in San Jose provide a solid foundation for this expansion. Future developments may include menu diversification or strategic partnerships to further solidify its market position and capitalize on the growing demand for quality seafood dining experiences.

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Frequently Asked Questions Regarding Pier 402 Financial Insights

What are the most recent funding rounds that Pier 402 has completed, and what were the funding rounds?
Pier 402 has recently completed 1 funding rounds: Debt on Feb 6, 2021.
What is the total amount of funding Pier 402 has raised to date?
Pier 402 has raised a total of $45K in funding to date.
How many funding rounds has Pier 402 completed?
Pier 402 has completed 1 funding rounds.
How much funding did Pier 402 raise in its most recent funding round?
Pier 402 raised $45K in its most recent funding round.
Who are the lead investors in Pier 402's latest funding round?
The lead investor in Pier 402'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 Pier 402's history?
The largest funding round in Pier 402's history was $45K.
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