How Much Did Appliance Driven Raise?
Funding & Key Investors

Appliance Driven has secured $61K in total financing, with its most recent capital infusion of $61K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage, positions the company for accelerated growth in the competitive home improvement and appliance retail sector.

What is Appliance Driven?

Appliance Driven
RetailDepartment Stores, Shopping Centers & SuperstoresFurniture

Appliance Driven is a well-established, family-owned business operating as an appliance and kitchen cabinet showroom. Since its inception in 1994, the company has served a broad clientele across Hawthorne, Thornwood, New York, Brooklyn, and Queens. Their comprehensive offerings include a diverse selection of household appliances, cabinetry, and countertops, complemented by full-service kitchen remodeling solutions. A key differentiator is their commitment to personalized service, featuring in-home design consultations supported by advanced 3D rendering technology. Appliance Driven is an authorized dealer for prominent brands such as Sub Zero, Wolf, Miele, GE, Bosch, and Maytag, underscoring their position as a trusted retailer in the market.

How much funding has Appliance Driven raised?

Appliance Driven has raised a total of $61K across 1 funding round:

2021

Debt

$61K

Debt (2021): $61K with participation from PPP

What's next for Appliance Driven?

With the recent influx of substantial expansion capital, Appliance Driven is poised to scale its operations and enhance its market presence. The strategic investment will likely fuel initiatives such as expanding showroom capabilities, optimizing supply chain logistics, and potentially broadening their service area or digital footprint. This financing round signals strong investor confidence in Appliance Driven's business model and its capacity to capture greater market share within the home renovation and appliance industry, particularly in the New York metropolitan area.

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Frequently Asked Questions Regarding Appliance Driven Financial Insights

What are the most recent funding rounds that Appliance Driven has completed, and what were the funding rounds?
Appliance Driven has recently completed 1 funding rounds: Debt on Feb 8, 2021.
What is the total amount of funding Appliance Driven has raised to date?
Appliance Driven has raised a total of $61K in funding to date.
How many funding rounds has Appliance Driven completed?
Appliance Driven has completed 1 funding rounds.
How much funding did Appliance Driven raise in its most recent funding round?
Appliance Driven raised $61K in its most recent funding round.
Who are the lead investors in Appliance Driven's latest funding round?
The lead investor in Appliance Driven'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 Appliance Driven's history?
The largest funding round in Appliance Driven's history was $61K.
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