What is The Haversham?
The Haversham Tavern is a historic 19th-century American establishment located in Westerly, RI. It offers a diverse menu featuring fresh seafood, steaks, ribs, and burgers, complemented by a full bar with local drafts. The venue also includes The Haversham House, an elegant event space accommodating up to 160 guests, positioning The Haversham as a dual-purpose destination for both casual dining and significant celebrations. Its appeal is further enhanced by daily specials and a varied music program, ensuring a dynamic customer experience.
How much funding has The Haversham raised?
The Haversham has raised a total of $520K across 2 funding rounds:
Debt
$150K
Debt
$370K
Debt (2020): $150K with participation from PPP
Debt (2021): $370K led by PPP
Key Investors in The Haversham
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for The Haversham?
The recent major strategic investment, coupled with the overall enterprise-level funding context, suggests The Haversham is in a mature growth phase. This capital infusion is likely earmarked for expanding operational capacity, enhancing the event venue's offerings, or potentially for broader market penetration within the hospitality sector. Strategic initiatives may focus on optimizing the synergy between the tavern and event spaces, leveraging its historic appeal for increased market share and revenue diversification.
See full The Haversham company page
