How Much Did Snookers Raise?
Funding & Key Investors

Snookers, a prominent craft beer, billiards, and American sports bar in Providence, RI, has secured significant capital, with its total funding reaching $454K. The company recently announced a major strategic investment of $304K, underscoring its established market presence and growth trajectory. This latest round of financing positions Snookers for continued expansion within the competitive hospitality and entertainment sector.

What is Snookers?

Snookers
HospitalityRestaurant Reservations

Established in 1989, Snookers has cultivated a strong reputation as Rhode Island's premier sports bar. The venue offers a comprehensive entertainment experience, featuring pool tables, darts, and shuffleboard, alongside a lively atmosphere conducive to socializing and sports viewing. Its appeal extends to both casual patrons and dedicated players, further enhanced by its regular hosting of local pool tournaments. Snookers also caters to private events and parties, demonstrating its versatility and capacity to serve diverse customer needs. The establishment provides extensive food and drink menus, solidifying its status as a go-to destination for entertainment and dining.

How much funding has Snookers raised?

Snookers has raised a total of $454K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$304K

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

Debt (2021): $304K led by PPP

What's next for Snookers?

The recent large-scale, late-stage funding infusion signals a strategic pivot for Snookers, likely aimed at enhancing operational capabilities, expanding its service offerings, or potentially exploring new market territories. Given its long-standing history and established brand in Providence, this capital injection is expected to fuel initiatives that reinforce its competitive advantage. Future developments may include technological upgrades to enhance the customer experience, menu innovations, or strategic partnerships to broaden its reach. The company's focus on a robust entertainment and dining model, combined with this significant financial backing, suggests a commitment to sustained growth and market leadership.

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Frequently Asked Questions Regarding Snookers Financial Insights

What are the most recent funding rounds that Snookers has completed, and what were the funding rounds?
Snookers has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Snookers has raised to date?
Snookers has raised a total of $454K in funding to date.
How many funding rounds has Snookers completed?
Snookers has completed 2 funding rounds.
How much funding did Snookers raise in its most recent funding round?
Snookers raised $304K in its most recent funding round.
Who are the lead investors in Snookers's latest funding round?
The lead investor in Snookers'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 Snookers's history?
The largest funding round in Snookers's history was $304K.
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