How Much Did Scrappy's Bitters Raise?
Funding & Key Investors

Scrappy's Bitters has secured $297K in total capital, with a recent strategic investment of $147K announced on February 10, 2021. This latest financing round signifies a significant milestone for the Seattle-based producer of handcrafted cocktail bitters, underscoring its growth trajectory and market position in the premium beverage ingredients sector.

What is Scrappy's Bitters?

Scrappy's Bitters
ManufacturingFood & Beverage

Scrappy's Bitters specializes in the small-batch production of handcrafted cocktail bitters, utilizing the finest organic ingredients and eschewing artificial flavors and chemicals. Their meticulously crafted products, originating from Seattle, WA, are designed to elevate cocktails with bold flavors and rich aromatics. The company appeals to both professional bartenders and discerning cocktail enthusiasts worldwide, offering a diverse range of unique flavor profiles that enhance the overall drinking experience.

How much funding has Scrappy's Bitters raised?

Scrappy's Bitters has raised a total of $297K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$147K

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

Debt (2021): $147K led by PPP

Key Investors in Scrappy's Bitters

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Scrappy's Bitters?

The substantial late-stage funding context suggests Scrappy's Bitters is poised for significant expansion, likely focusing on scaling production, broadening distribution channels, and potentially developing new product lines. This strategic investment will enable the company to further solidify its brand presence in the competitive beverage market and capitalize on the growing demand for high-quality, artisanal cocktail ingredients. Future growth may involve strategic partnerships and enhanced marketing efforts to reach a wider consumer base.

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Frequently Asked Questions Regarding Scrappy's Bitters Financial Insights

What are the most recent funding rounds that Scrappy's Bitters has completed, and what were the funding rounds?
Scrappy's Bitters has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on May 3, 2020.
What is the total amount of funding Scrappy's Bitters has raised to date?
Scrappy's Bitters has raised a total of $297K in funding to date.
How many funding rounds has Scrappy's Bitters completed?
Scrappy's Bitters has completed 2 funding rounds.
How much funding did Scrappy's Bitters raise in its most recent funding round?
Scrappy's Bitters raised $147K in its most recent funding round.
Who are the lead investors in Scrappy's Bitters's latest funding round?
The lead investor in Scrappy's Bitters'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 Scrappy's Bitters's history?
The largest funding round in Scrappy's Bitters's history was $150K.
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