How Much Did Red Line Diner Raise?
Funding & Key Investors

Red Line Diner has secured a significant enterprise-level funding round, with the total capital raised standing at $1.4M. The most recent financing event, a major strategic investment, brought in $1.1M on January 22, 2021. This latest capital infusion underscores the company's ongoing growth trajectory and its strategic importance within its market.

What is Red Line Diner?

Red Line Diner
HospitalityRestaurant Reservations

Red Line Diner is a family-owned establishment rooted in Fishkill, NY, with a legacy of restaurant operations in the Hudson Valley dating back to 1981. The diner offers a comprehensive menu featuring breakfast items, salads, sandwiches, burgers, and classic diner fare. Beyond its dine-in experience, Red Line Diner extends its services to include gift cards and catering, positioning itself as a versatile option for various needs. Operating daily from 7 AM to 12 AM, the diner serves a broad clientele, from local residents to visiting patrons seeking quality meals and friendly service.

How much funding has Red Line Diner raised?

Red Line Diner has raised a total of $1.4M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$1.1M

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

Debt (2021): $1.1M led by PPP

Key Investors in Red Line Diner

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Red Line Diner?

The recent strategic investment of $1.1M signals a pivotal moment for Red Line Diner, likely indicating a phase of scaling or expansion. Given the 'major enterprise-level funding' context, the company is poised to leverage this capital for enhancing operational capabilities, potentially expanding its menu offerings, or increasing its market reach within the Hudson Valley region. The consistent debt financing in prior years, including a substantial amount in 2020, suggests a history of financial management aimed at supporting sustained operations and growth. This latest backing is expected to accelerate its strategic objectives and solidify its market presence.

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Frequently Asked Questions Regarding Red Line Diner Financial Insights

What are the most recent funding rounds that Red Line Diner has completed, and what were the funding rounds?
Red Line Diner has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Red Line Diner has raised to date?
Red Line Diner has raised a total of $1.4M in funding to date.
How many funding rounds has Red Line Diner completed?
Red Line Diner has completed 2 funding rounds.
How much funding did Red Line Diner raise in its most recent funding round?
Red Line Diner raised $1.1M in its most recent funding round.
Who are the lead investors in Red Line Diner's latest funding round?
The lead investor in Red Line Diner'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 Red Line Diner's history?
The largest funding round in Red Line Diner's history was $1.1M.
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