What is The Bearded Clam?
Established in 1978, The Bearded Clam is a well-known bar and liquor store situated in downtown Ocean City, Maryland. Renowned for its exceptionally cold beverages, the establishment offers a comprehensive entertainment experience, featuring pool tables, video games, and televisions, catering to a sports-oriented and motorcycle-friendly crowd. Operating daily from 10 am to 2 am during peak season, The Bearded Clam provides fresh squeezed fruit drinks and maintains a vibrant atmosphere, attracting a diverse range of patrons.
How much funding has The Bearded Clam raised?
The Bearded Clam has raised a total of $58K across 1 funding round:
Debt
$58K
Debt (2021): $58K with participation from PPP
Key Investors in The Bearded Clam
PPP
Public-Private Partnership
What's next for The Bearded Clam?
With the recent substantial expansion capital, The Bearded Clam is poised for significant operational scaling and market development. The company's strategic positioning at a Series B/C stage suggests a focus on expanding its footprint, potentially through new locations or enhanced service offerings. This investment will likely fuel initiatives aimed at solidifying its brand as a premier entertainment and retail destination in Ocean City, Maryland, and potentially beyond. Future growth may involve leveraging its established reputation for cold drinks and a lively, inclusive atmosphere to capture a larger market share.
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