About The Oceanaire
The Oceanaire is a company based in Houston (United States) founded in 1999 was acquired by Landry's in April 2010.. The Oceanaire has raised $24.25 million across 2 funding rounds from investors including Landry's and Clarion Capital Partners. The Oceanaire offers products and services including Fresh Seafood Menu, Catering Services, Wine Selection, and Private Events Hosting. The Oceanaire operates in a competitive market with competitors including Momofuku, Hawaiian Bros Island Grill, Sullivan's Steakhouse, Abe & Louie's and Silver Fox, among others.
- Headquarter Houston, United States
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Sectors
Consumer
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Phone
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Website
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Social
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Products & Services of The Oceanaire
The Oceanaire offers a comprehensive portfolio of products and services, including Fresh Seafood Menu, Catering Services, Wine Selection, and Private Events Hosting. 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.
Features daily flown-in seafood dishes for fine dining experiences.
Provides customized catering for private events and occasions.
Offers wines to complement seafood meals and dining.
Manages business lunches and special celebrations with superior service.
Funding Insights of The Oceanaire
The Oceanaire has successfully raised a total of $24.25M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $4.25 million completed in April 2008. 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 B — $4.2M
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First Round
First Round
(13 Aug 2005)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2008 | Amount | Series B - The Oceanaire | Valuation | Clarion Capital Partners |
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| Aug, 2005 | Amount | Series B - The Oceanaire | Valuation | Clarion Capital Partners |
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| 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 |
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Investors in The Oceanaire
The Oceanaire has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Landry's and Clarion Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Clarion Capital Partners is engaged in private equity and credit investments.
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Vacation tours are operated by Landry's in the United States.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by The Oceanaire
| 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 - The Oceanaire
| 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 |
The Oceanaire Comparisons
Competitors of The Oceanaire
The Oceanaire 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 Momofuku, Hawaiian Bros Island Grill, Sullivan's Steakhouse, Abe & Louie's and Silver Fox, 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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A chain of fine dining restaurants is operated globally.
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Hawaiian-inspired plate lunches and catering services are offered.
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| domain | founded_year | HQ Location |
Fine dining steakhouse chain operated in the United States.
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Fine dining services are provided by the restaurant chain.
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Online platform for booking tables at restaurants
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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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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Frequently Asked Questions about The Oceanaire
When was The Oceanaire founded?
The Oceanaire was founded in 1999 and raised its 1st funding round 6 years after it was founded.
Where is The Oceanaire located?
The Oceanaire is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of The Oceanaire?
Terry Ryan is the current CEO of The Oceanaire.
Is The Oceanaire a funded company?
The Oceanaire is a funded company, having raised a total of $24.25M across 2 funding rounds to date. The company's 1st funding round was a Series B of $20M, raised on Aug 13, 2005.
What does The Oceanaire do?
The Oceanaire was established in 1999 as a high-end seafood restaurant chain headquartered in Houston, United States. It was spun off from Parasole Restaurant Holdings and expanded to 13 outlets by January 2016. Bankruptcy was filed in 2009, after which assets were acquired by Landrys, a corporation focused on dining, hospitality, entertainment, and gaming, in 2010. Operations center on upscale seafood services across multiple U.S. locations.
Who are the top competitors of The Oceanaire?
The Oceanaire's top competitors include Hawaiian Bros Island Grill, Momofuku and Sullivan's Steakhouse.
What products or services does The Oceanaire offer?
The Oceanaire offers Fresh Seafood Menu, Catering Services, Wine Selection, and Private Events Hosting.
Who are The Oceanaire's investors?
The Oceanaire has 2 investors. Key investors include Landry's, and Clarion Capital Partners.