How Much Did The Snapper Inn Raise?
Funding & Key Investors

The Snapper Inn has secured $739K in total capital, with its most recent financing round, a $589K major strategic investment, closing on February 2, 2021. This enterprise-level funding underscores the company's established presence and strategic growth initiatives within the competitive hospitality sector.

What is The Snapper Inn?

The Snapper Inn
HospitalityRestaurant Reservations

The Snapper Inn is a distinguished waterfront restaurant situated in Oakdale, New York, offering panoramic views of the Connetquot River. Established in 1929 and family-owned, the establishment is renowned for its award-winning cuisine and professional service. It caters to a diverse range of dining needs, including lunch, dinner, and comprehensive catering services for significant events such as weddings and cocktail parties. The restaurant also enhances customer engagement through regular promotions, including happy hour specials and prix fixe menus, reinforcing its commitment to providing a superior dining experience.

How much funding has The Snapper Inn raised?

The Snapper Inn has raised a total of $739K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$589K

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

Debt (2021): $589K led by PPP

What's next for The Snapper Inn?

With a history of consistent debt financing, including two significant rounds from the Paycheck Protection Program (PPP) in 2020 and 2021, The Snapper Inn appears to be navigating its operational and growth phases with a focus on financial stability. The recent major strategic investment suggests a potential for expansion, enhancement of services, or strategic partnerships. As a long-standing family-owned business, future capital allocation will likely prioritize maintaining its reputation for quality and service while exploring opportunities to adapt to evolving market demands in the New York dining scene.

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Frequently Asked Questions Regarding The Snapper Inn Financial Insights

What are the most recent funding rounds that The Snapper Inn has completed, and what were the funding rounds?
The Snapper Inn has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on May 1, 2020.
What is the total amount of funding The Snapper Inn has raised to date?
The Snapper Inn has raised a total of $739K in funding to date.
How many funding rounds has The Snapper Inn completed?
The Snapper Inn has completed 2 funding rounds.
How much funding did The Snapper Inn raise in its most recent funding round?
The Snapper Inn raised $589K in its most recent funding round.
Who are the lead investors in The Snapper Inn's latest funding round?
The lead investor in The Snapper Inn'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 Snapper Inn's history?
The largest funding round in The Snapper Inn's history was $589K.
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