How Much Did Algert Raise?
Funding & Key Investors

Algert has secured $71K in total financing, with a recent capital injection of $71K as part of its significant Series B/C stage funding round. This substantial expansion capital underscores the company's strategic growth trajectory and market positioning.

What is Algert?

Algert
RetailEcommerce Platforms

Algert Co Inc operates within the Consumer Electronics & Computers Retail sector. Headquartered in Compton, California, the company is characterized by its lean operational structure, employing between 1 to 4 individuals and generating revenue under $500,000. Its focus on retail within the consumer electronics and computing space suggests a business model centered on distribution and sales of related products.

How much funding has Algert raised?

Algert has raised a total of $71K across 1 funding round:

2021

Debt

$71K

Debt (2021): $71K with participation from PPP

Key Investors in Algert

PPP

Public-Private Partnership

What's next for Algert?

The recent influx of substantial expansion capital positions Algert for significant scaling and market penetration. As a company at a significant Series B/C stage, this investment is likely earmarked for enhancing operational capacity, expanding product lines, and potentially broadening its retail footprint. Strategic initiatives may include optimizing supply chains, investing in marketing to capture a larger market share, and leveraging technology to improve the customer experience in the competitive consumer electronics retail landscape.

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Frequently Asked Questions Regarding Algert Financial Insights

What are the most recent funding rounds that Algert has completed, and what were the funding rounds?
Algert has recently completed 1 funding rounds: Debt on Jan 20, 2021.
What is the total amount of funding Algert has raised to date?
Algert has raised a total of $71K in funding to date.
How many funding rounds has Algert completed?
Algert has completed 1 funding rounds.
How much funding did Algert raise in its most recent funding round?
Algert raised $71K in its most recent funding round.
Who are the lead investors in Algert's latest funding round?
The lead investor in Algert'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 Algert's history?
The largest funding round in Algert's history was $71K.
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