What is Apollo Distributing?
Established in 1920, Apollo Distributing operates as a cornerstone of the floor covering supply chain across the metropolitan New Jersey, New York, Connecticut, and Pennsylvania markets. As a family-owned enterprise, the company has cultivated a reputation for reliability and deep-rooted industry partnerships. By maintaining a robust portfolio of commercial and residential flooring solutions from industry leaders such as Armstrong Flooring and Tarkett, Apollo Distributing bridges the gap between high-end manufacturers and regional contractors. Their business model is predicated on logistical excellence and a commitment to service quality, which has allowed them to navigate the complexities of the construction and interior design supply markets for over a century.
How much funding has Apollo Distributing raised?
Apollo Distributing has raised a total of $1M across 2 funding rounds:
Debt
$350K
Debt
$675K
Debt (2020): $350K with participation from PPP
Debt (2021): $675K led by PPP
Key Investors in Apollo Distributing
PPP
Public-Private Partnership
What's next for Apollo Distributing?
With the recent infusion of capital, Apollo Distributing is well-positioned to optimize its supply chain infrastructure and expand its footprint in the competitive Northeast corridor. The strategic allocation of these funds will likely focus on enhancing inventory management systems and strengthening distribution capabilities to meet the evolving demands of commercial and residential clients. As the company transitions into its next phase of growth, the focus remains on maintaining the high service standards that have defined its century-long legacy while integrating modern digital solutions to streamline procurement processes. This financial backing provides the necessary liquidity to navigate market fluctuations and capitalize on emerging opportunities in the flooring sector.
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