How Much Did The Cold Spring Depot Raise?
Funding & Key Investors

The Cold Spring Depot has successfully secured a major strategic investment, bringing its total capital accumulation to $406K. This latest infusion of $256K underscores the firm's resilience and enduring appeal within the competitive hospitality landscape. By leveraging debt financing, the organization continues to solidify its market position, ensuring that its historical legacy as a premier dining destination remains intact while navigating the complexities of the modern restaurant economy.

What is The Cold Spring Depot?

The Cold Spring Depot
HospitalityRestaurant Reservations

Established in 1985, The Cold Spring Depot operates as a cornerstone of the Cold Spring, New York, culinary scene. Housed in a repurposed historic train depot, the establishment has cultivated a reputation for high-quality American comfort food, blending architectural heritage with a welcoming, pet-friendly atmosphere. The company maintains a distinct market position by prioritizing a first-come, first-served service model, which fosters a casual yet refined dining experience. Its ability to transition from a functional transit hub to a beloved community fixture highlights a unique brand identity that resonates with both local patrons and regional visitors seeking authentic, nostalgic dining environments.

How much funding has The Cold Spring Depot raised?

The Cold Spring Depot has raised a total of $406K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$256K

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

Debt (2021): $256K led by PPP

Key Investors in The Cold Spring Depot

PPP

Public-Private Partnership

What's next for The Cold Spring Depot?

With the recent capital injection, The Cold Spring Depot is well-positioned to optimize its operational infrastructure and enhance its service delivery. The strategic allocation of these funds will likely focus on maintaining the structural integrity of its historic venue while potentially expanding its capacity to accommodate growing demand. As the restaurant moves forward, the management team is expected to balance the preservation of its traditional charm with necessary technological upgrades to streamline front-of-house operations. This late-stage financial backing provides the necessary runway to sustain long-term growth and reinforce the brand's status as a premier destination for family and social gatherings in the Hudson Valley region.

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Frequently Asked Questions Regarding The Cold Spring Depot Financial Insights

What are the most recent funding rounds that The Cold Spring Depot has completed, and what were the funding rounds?
The Cold Spring Depot has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 9, 2020.
What is the total amount of funding The Cold Spring Depot has raised to date?
The Cold Spring Depot has raised a total of $406K in funding to date.
How many funding rounds has The Cold Spring Depot completed?
The Cold Spring Depot has completed 2 funding rounds.
How much funding did The Cold Spring Depot raise in its most recent funding round?
The Cold Spring Depot raised $256K in its most recent funding round.
Who are the lead investors in The Cold Spring Depot's latest funding round?
The lead investor in The Cold Spring Depot'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 The Cold Spring Depot's history?
The largest funding round in The Cold Spring Depot's history was $256K.
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