What is Scrappy's Bitters?
Scrappy's Bitters specializes in the small-batch production of handcrafted cocktail bitters, utilizing only the finest organic ingredients and eschewing artificial flavors or chemicals. Based in Seattle, WA, the company is dedicated to enhancing mixed drinks with bold flavors and rich aromatics. Their meticulously crafted products appeal to both professional bartenders and home cocktail enthusiasts seeking to elevate their beverage creations. The brand offers a diverse range of unique flavor profiles, positioning it as a preferred supplier for those aiming to refine their drinking experiences.
How much funding has Scrappy's Bitters raised?
Scrappy's Bitters has raised a total of $297K across 2 funding rounds:
Debt
$150K
Debt
$147K
Debt (2020): $150K with participation from PPP
Debt (2021): $147K led by PPP
What's next for Scrappy's Bitters?
The substantial large-scale late-stage funding indicates Scrappy's Bitters is poised for significant expansion. This capital infusion is likely to fuel initiatives such as scaling production capabilities, broadening distribution channels to reach new markets, and potentially investing in product development to introduce innovative new bitters. The strategic nature of the recent financing suggests a focus on strengthening market position and operational efficiency to capitalize on the growing demand for premium cocktail components.
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