What is WingCraft?
WINGCRAFT Kitchen Beer Bar, established in June 2014 and situated in Tanger Outlets Atlantic City, is recognized for its high-quality pub fare and extensive selection of craft beers. The restaurant has garnered acclaim for its award-winning burgers, wings, and craft cocktails, emphasizing the use of locally sourced ingredients. It has been lauded as a premier dining destination within Atlantic City, serving a diverse clientele through dine-in, takeout, and catering services. The company's operational history and consistent quality have positioned it as a key player in the local hospitality industry.
How much funding has WingCraft raised?
WingCraft has raised a total of $413K across 2 funding rounds:
Debt
$150K
Debt
$263K
Debt (2020): $150K with participation from PPP
Debt (2021): $263K led by PPP
Key Investors in WingCraft
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for WingCraft?
The recent large-scale, late-stage funding, characterized as a major strategic investment, indicates that WINGCRAFT is poised for significant scaling and market penetration. This capital will likely be directed towards expanding operational capacity, enhancing menu offerings, and potentially exploring new geographic markets or franchise opportunities. The strategic nature of the investment suggests a focus on long-term growth and market consolidation, leveraging its established reputation and operational success to achieve new milestones in the competitive restaurant and bar industry.
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