How Much Did Altec Packaging Raise?
Funding & Key Investors

Altec Packaging has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position and its trajectory within the packaging solutions sector.

What is Altec Packaging?

Altec Packaging
RetailHome Improvement & Hardware RetailOffice Products Retail & Distribution

Altec Packaging, Inc. is a seasoned, family-owned distributor specializing in packaging equipment and materials. With over 35 years of operational history, the company serves businesses across Northern California, providing essential supplies and machinery. Their long-standing presence highlights a deep understanding of the regional market and a commitment to quality service in the packaging industry.

How much funding has Altec Packaging raised?

Altec Packaging has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Altec Packaging?

The recent large-scale, late-stage funding indicates Altec Packaging is poised for significant expansion and strategic growth. This capital infusion is likely to fuel advancements in their distribution network, enhance their product offerings, and potentially broaden their market reach within Northern California and beyond. The strategic nature of this investment suggests a focus on solidifying their competitive advantage and leveraging their established reputation for future development.

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Frequently Asked Questions Regarding Altec Packaging Financial Insights

What are the most recent funding rounds that Altec Packaging has completed, and what were the funding rounds?
Altec Packaging has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Altec Packaging has raised to date?
Altec Packaging has raised a total of $150K in funding to date.
How many funding rounds has Altec Packaging completed?
Altec Packaging has completed 1 funding rounds.
How much funding did Altec Packaging raise in its most recent funding round?
Altec Packaging raised $150K in its most recent funding round.
Who are the lead investors in Altec Packaging's latest funding round?
The lead investor in Altec Packaging'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 Altec Packaging's history?
The largest funding round in Altec Packaging's history was $150K.
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