What is Manhattan Gold & Silver?
Manhattan Gold & Silver operates as a specialized business-to-business precious metal refiner, primarily serving clients within New York City's Diamond District and surrounding commercial hubs. The company distinguishes itself by focusing exclusively on business clients, including jewelers, pawnbrokers, dentists, and industrial entities, and does not engage in direct public purchases of scrap gold, with the exception of coins and bars. Leveraging advanced refining tools and a streamlined, rapid payment system, Manhattan Gold & Silver guarantees same-day payouts upon the verification of all precious metal types, reinforcing its reputation for efficiency and reliability in the industry.
How much funding has Manhattan Gold & Silver raised?
Manhattan Gold & Silver has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Manhattan Gold & Silver
PPP
Public-Private Partnership
What's next for Manhattan Gold & Silver?
The substantial capital infusion, particularly the recent strategic investment, positions Manhattan Gold & Silver for a significant growth phase. This late-stage funding is expected to fuel enhancements in refining technology, expansion of service offerings, and potentially broader geographic penetration beyond its current New York City focus. The company's commitment to rapid, reliable service and its B2B specialization are key strategic advantages that this financing will likely amplify, solidifying its competitive edge in the precious metals market.
See full Manhattan Gold & Silver company page
