How Much Did B & G Supply Raise?
Funding & Key Investors

B & G Supply has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total funding amount reaching $350K, the firm is well-positioned to scale its logistics infrastructure. This recent funding amount of $350K serves as a major strategic investment, reinforcing the company's capacity to meet the evolving demands of the North American freight market.

What is B & G Supply?

B & G Supply
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Headquartered in Albertville, Alabama, B & G Supply has evolved from a modest two-truck operation into a robust logistics powerhouse since its inception in 1968. The company specializes in the transportation of processed poultry and produce, maintaining a sophisticated fleet of 65 trucks that service the contiguous 48 states and Ontario. By focusing on both refrigerated and dry van freight, the organization has established itself as a critical link in the food supply chain, acting as a core carrier for over 200 enterprise-level clients. Their market position is defined by long-standing reliability and a specialized focus on temperature-sensitive logistics, which remains a high-barrier-to-entry sector within the broader transportation industry.

How much funding has B & G Supply raised?

B & G Supply has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in B & G Supply

PPP

Public-Private Partnership

What's next for B & G Supply?

The infusion of capital is expected to catalyze the next phase of the company's growth, likely focusing on fleet modernization and the expansion of its logistics network. As the firm navigates the complexities of late-stage scaling, the strategic allocation of these funds will be vital in optimizing route efficiency and addressing the ongoing demand for skilled labor, including professional drivers and mechanics. By leveraging this financial backing, B & G Supply is poised to solidify its footprint in the refrigerated freight sector, potentially exploring technological integrations to enhance real-time tracking and supply chain transparency for its extensive client base.

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Frequently Asked Questions Regarding B & G Supply Financial Insights

What are the most recent funding rounds that B & G Supply has completed, and what were the funding rounds?
B & G Supply has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding B & G Supply has raised to date?
B & G Supply has raised a total of $350K in funding to date.
How many funding rounds has B & G Supply completed?
B & G Supply has completed 1 funding rounds.
How much funding did B & G Supply raise in its most recent funding round?
B & G Supply raised $350K in its most recent funding round.
Who are the lead investors in B & G Supply's latest funding round?
The lead investor in B & G Supply'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 B & G Supply's history?
The largest funding round in B & G Supply's history was $350K.
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