How Much Did SingleCut Beersmiths Raise?
Funding & Key Investors

SingleCut Beersmiths has secured $441K in total capital, with its most recent financing round bringing in $291K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the competitive craft beverage market.

What is SingleCut Beersmiths?

SingleCut Beersmiths
ManufacturingFood & BeverageHospitality

SingleCut Beersmiths is an award-winning brewery founded in 2012 in Astoria, Queens, New York. Renowned for its diverse portfolio, which includes innovative hazy east coast IPAs, European style lagers, sours, and a variety of stouts and ales, the company has carved out a unique niche by blending a passion for music and community with its brewing operations. Operating three locations, including its flagship tap room in Astoria and a beer garden in Manlius, SingleCut provides a vibrant atmosphere for patrons and hosts various events, further solidifying its community engagement and brand identity.

How much funding has SingleCut Beersmiths raised?

SingleCut Beersmiths has raised a total of $441K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$291K

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

Debt (2021): $291K led by PPP

What's next for SingleCut Beersmiths?

The recent strategic investment signals a new phase of expansion and development for SingleCut Beersmiths. Given the company's late-stage funding context, this capital infusion is likely to fuel initiatives such as scaling production capabilities, expanding distribution networks, enhancing marketing efforts, and potentially exploring new product lines or market segments. The brewery's established brand and community focus position it well to leverage this financing for sustained growth and market leadership.

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Frequently Asked Questions Regarding SingleCut Beersmiths Financial Insights

What are the most recent funding rounds that SingleCut Beersmiths has completed, and what were the funding rounds?
SingleCut Beersmiths has recently completed 2 funding rounds: Debt on Mar 27, 2021, Debt on May 1, 2020.
What is the total amount of funding SingleCut Beersmiths has raised to date?
SingleCut Beersmiths has raised a total of $441K in funding to date.
How many funding rounds has SingleCut Beersmiths completed?
SingleCut Beersmiths has completed 2 funding rounds.
How much funding did SingleCut Beersmiths raise in its most recent funding round?
SingleCut Beersmiths raised $291K in its most recent funding round.
Who are the lead investors in SingleCut Beersmiths's latest funding round?
The lead investor in SingleCut Beersmiths'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 SingleCut Beersmiths's history?
The largest funding round in SingleCut Beersmiths's history was $291K.
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