What is APD?
APD, Inc. operates as a dedicated wholesale distributor, specializing in a comprehensive range of products sourced from 3M. Their catalog includes essential industrial supplies such as tools and sanding belts, catering primarily to resellers and a diverse commercial client base, which notably encompasses government and military entities. The company enhances its service offering with free shipping for orders exceeding $350 within the continental U.S., alongside providing detailed product specifications and lead time estimations.
How much funding has APD raised?
APD has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in APD
PPP
Public-Private Partnership
What's next for APD?
The substantial capital infusion, particularly the recent strategic investment, positions APD for accelerated growth and enhanced operational capabilities. This late-stage funding is likely to be deployed towards expanding distribution networks, optimizing inventory management, and potentially broadening its product portfolio or service reach. The company's focus on serving resellers and government clients suggests a strategic direction aimed at solidifying its role as a key supplier in the industrial products market.
See full APD company page