What is Apollo Distributing?
Apollo Distributing is a venerable, family-owned entity with over a century of operational history, specializing in the distribution of floor coverings. Serving the metropolitan areas of New Jersey, New York, Connecticut, and Pennsylvania since its inception in 1920, the company offers an extensive portfolio of commercial and residential flooring solutions. It partners with prominent manufacturers such as Armstrong Flooring and Tarkett, positioning itself as a reliable provider committed to high-quality products and enduring client relationships. The company's long-standing dedication to customer satisfaction and operational excellence has cemented its reputation within the industry.
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
What's next for Apollo Distributing?
The recent major strategic investment into Apollo Distributing signals a phase of potential expansion or operational enhancement, leveraging its deep market penetration and century-long legacy. Given the enterprise-level context of its total funding, the company is likely focused on solidifying its market leadership and potentially exploring new distribution channels or product lines. This capital infusion is expected to support its ongoing mission to be the premier floor covering distributor, ensuring continued high standards in product quality and customer service, and reinforcing its trusted partnerships across its service regions.
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