How Much Did Proper Brewing Raise?
Funding & Key Investors

Proper Brewing has secured $549K in total financing, with its most recent capital infusion of $399K marking a significant strategic investment. This major enterprise-level funding underscores the company's established presence and growth trajectory in the competitive beverage and hospitality sector.

What is Proper Brewing?

Proper Brewing
HospitalityRestaurant ReservationsFood & Beverage

Proper Brewing Co. is a multifaceted entity operating within the craft beverage and restaurant industries. The company is recognized for its diverse beer portfolio, featuring popular styles such as crisp lagers and bold IPAs, appealing to a broad spectrum of consumers who value quality and innovative brewing. Complementing its beverage offerings, Proper Brewing manages several restaurant establishments, including Avenues Proper and Proper Burger. These venues are known for their curated menus of thoughtfully prepared dishes designed to harmonize with the brewery's signature brews. The company successfully bridges the gap between casual beer enthusiasts and fine dining patrons, delivering a consistent experience of excellent food and beer. Beyond its core operations, Proper Brewing has expanded its product line to include unique items like Proper Noon Tea, a hard tea infused with real tea and fruit purée, which is distributed through local grocery stores and its own outlets.

How much funding has Proper Brewing raised?

Proper Brewing has raised a total of $549K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$399K

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

Debt (2021): $399K led by PPP

Key Investors in Proper Brewing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Proper Brewing?

The recent major strategic investment signals Proper Brewing's intent to further scale its operations and potentially expand its market reach. This influx of capital is likely to be directed towards enhancing production capabilities, broadening distribution channels for both its beers and its hard tea products, and possibly developing new restaurant concepts or refining existing ones. Given the enterprise-level nature of the funding, strategic partnerships or acquisitions could also be on the horizon, aiming to consolidate its position in the market. The company's dual focus on craft beverages and a complementary dining experience provides a robust foundation for continued growth and innovation.

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Frequently Asked Questions Regarding Proper Brewing Financial Insights

What are the most recent funding rounds that Proper Brewing has completed, and what were the funding rounds?
Proper Brewing has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Proper Brewing has raised to date?
Proper Brewing has raised a total of $549K in funding to date.
How many funding rounds has Proper Brewing completed?
Proper Brewing has completed 2 funding rounds.
How much funding did Proper Brewing raise in its most recent funding round?
Proper Brewing raised $399K in its most recent funding round.
Who are the lead investors in Proper Brewing's latest funding round?
The lead investor in Proper 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 Proper Brewing's history?
The largest funding round in Proper Brewing's history was $399K.
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