About Narragansett Brewing Company
Narragansett Brewing Company is a company based in Providence (United States) founded in 1890.. Narragansett Brewing Company has raised $4.25 million across 2 funding rounds. Narragansett Brewing Company offers products and services including Craft Beers, Merchandise, and Online Beer Sales. Narragansett Brewing Company operates in a competitive market with competitors including BrewDog, Anheuser-Busch Companies, Athletic Brewing, Anheuser-Busch and SweetWater Brewery, among others.
- Headquarter Providence, United States
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Sectors
Consumer
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Narragansett Brewing Company
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$4.25 M (USD)
in 2 rounds
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Latest Funding Round
$2.75 M (USD), Series A
Nov 10, 2020
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Investors
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Employee Count
Employee Count
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Products & Services of Narragansett Brewing Company
Narragansett Brewing Company offers a comprehensive portfolio of products and services, including Craft Beers, Merchandise, and Online Beer Sales. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Alcoholic drinks brewed for consumption and online sales
Branded clothing and items for brand promotion
Platform for direct purchase of beers and related products
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Funding Insights of Narragansett Brewing Company
Narragansett Brewing Company has successfully raised a total of $4.25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $2.75 million completed in November 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series A — $2.8M
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First Round
First Round
(10 Aug 2011)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2020 | Amount | Series A - Narragansett Brewing Company | Valuation |
investors |
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| Aug, 2011 | Amount | Unspecified - Narragansett Brewing Company | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Narragansett Brewing Company
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Narragansett Brewing Company
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Narragansett Brewing Company Comparisons
Competitors of Narragansett Brewing Company
Narragansett Brewing Company operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BrewDog, Anheuser-Busch Companies, Athletic Brewing, Anheuser-Busch and SweetWater Brewery, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Brand of craft beer and brewery chain operator
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| domain | founded_year | HQ Location |
Beer production, marketing, and sales are managed globally.
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| domain | founded_year | HQ Location |
Brand of beer
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| domain | founded_year | HQ Location |
Beer is brewed and marketed globally by Anheuser-Busch.
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| domain | founded_year | HQ Location |
Beer is manufactured and marketed by SweetWater Brewery.
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| domain | founded_year | HQ Location |
Premium craft beer is brewed and distributed from Grand Rapids.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Narragansett Brewing Company
Frequently Asked Questions about Narragansett Brewing Company
When was Narragansett Brewing Company founded?
Narragansett Brewing Company was founded in 1890 and raised its 1st funding round 121 years after it was founded.
Where is Narragansett Brewing Company located?
Narragansett Brewing Company is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.
Who is the current CEO of Narragansett Brewing Company?
Mark Hellendrung is the current CEO of Narragansett Brewing Company.
Is Narragansett Brewing Company a funded company?
Narragansett Brewing Company is a funded company, having raised a total of $4.25M across 2 funding rounds to date. The company's 1st funding round was a Unspecified of $1.5M, raised on Aug 10, 2011.
What does Narragansett Brewing Company do?
Narragansett Brewing Company was established in 1890 in Providence, United States. Operations are centered on the brewing sector, where a variety of beers is produced and distributed. Product lines encompass lager, light beer, IPA, pale ale, milk stout, and cream ale. The company maintains its headquarters in Providence, focusing on domestic beverage markets without international expansion noted. Leadership is provided by CEO and President Mark Hellendrung.
Who are the top competitors of Narragansett Brewing Company?
Narragansett Brewing Company's top competitors include BrewDog, Athletic Brewing and Anheuser-Busch Companies.
What products or services does Narragansett Brewing Company offer?
Narragansett Brewing Company offers Craft Beers, Merchandise, and Online Beer Sales.