How Much Did Spring Lounge Raise?
Funding & Key Investors

Spring Lounge has secured $160K in total capital, with a recent strategic investment of $160K announced on January 19, 2021. This significant backing positions the neighborhood bar for potential expansion and enhanced community engagement within New York City's vibrant social scene.

What is Spring Lounge?

Spring Lounge
HospitalityRestaurant Reservations

Spring Lounge is a community-focused neighborhood bar situated in New York City, offering a genuine, no-frills drinking experience. Operating from early morning (8 am) until late night (4 am), the establishment provides a relaxed atmosphere throughout the week, opening at 10 am on Sundays. Its commitment lies in fostering a fun and welcoming environment for patrons to connect and enjoy their time.

How much funding has Spring Lounge raised?

Spring Lounge has raised a total of $160K across 1 funding round:

2021

Debt

$160K

Debt (2021): $160K with participation from PPP

Key Investors in Spring Lounge

PPP

Public-Private Partnership

What's next for Spring Lounge?

The recent strategic investment signifies a pivotal moment for Spring Lounge, indicating a move towards scaling operations or enhancing its unique community-centric offerings. This capital infusion is likely to fuel growth initiatives, potentially involving expanded service hours, new amenities, or deeper integration within the local New York City fabric. The company's trajectory suggests a focus on solidifying its position as a go-to spot for a genuine, unpretentious social experience.

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Frequently Asked Questions Regarding Spring Lounge Financial Insights

What are the most recent funding rounds that Spring Lounge has completed, and what were the funding rounds?
Spring Lounge has recently completed 1 funding rounds: Debt on Jan 19, 2021.
What is the total amount of funding Spring Lounge has raised to date?
Spring Lounge has raised a total of $160K in funding to date.
How many funding rounds has Spring Lounge completed?
Spring Lounge has completed 1 funding rounds.
How much funding did Spring Lounge raise in its most recent funding round?
Spring Lounge raised $160K in its most recent funding round.
Who are the lead investors in Spring Lounge's latest funding round?
The lead investor in Spring Lounge'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 Spring Lounge's history?
The largest funding round in Spring Lounge's history was $160K.
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