How Much Did Beam Distributing Raise?
Funding & Key Investors

Beam Distributing, a prominent master distributor of Pelican's high-quality waterproof cases and tactical lights, has secured significant capital, with its total funding reaching $386K. The company recently announced a major strategic investment, underscoring its established position in the market and its ongoing growth trajectory. This latest financing round, valued at $236K, is expected to fuel further expansion and operational enhancements for the distributor.

What is Beam Distributing?

Beam Distributing
RetailHome Improvement & Hardware Retail

For nearly a decade, Beam Distributing has specialized in providing Pelican's extensive range of protective cases and lighting systems to a diverse clientele. Serving sectors from military and law enforcement to Fortune 1000 companies and Main Street businesses, Beam Distributing ensures rapid delivery of essential equipment like the Pelican 1450 case and Pelican 9430 lighting system. The company leverages its volume purchasing power to offer competitive pricing and free shipping on Pelican products, maintaining a comprehensive inventory to meet immediate customer demands without minimum order requirements. Their mission is to fulfill the critical needs of various clients requiring robust and reliable case and lighting solutions.

How much funding has Beam Distributing raised?

Beam Distributing has raised a total of $386K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$236K

Debt (2020): $150K with participation from PPP

Debt (2021): $236K led by PPP

What's next for Beam Distributing?

The recent large-scale, late-stage funding and major strategic investment signal a pivotal phase for Beam Distributing. This influx of capital is likely to enable the company to deepen its market penetration, potentially expand its product lines beyond Pelican, or enhance its logistical capabilities through technology adoption. As a master distributor, strategic investments can empower Beam to solidify its supply chain relationships, invest in advanced inventory management systems, and potentially explore new distribution channels or geographic markets. The company's focus on meeting diverse client needs suggests that future growth may involve scaling operations to support larger contracts and maintaining its competitive edge through efficient service and product availability.

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Frequently Asked Questions Regarding Beam Distributing Financial Insights

What are the most recent funding rounds that Beam Distributing has completed, and what were the funding rounds?
Beam Distributing has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Beam Distributing has raised to date?
Beam Distributing has raised a total of $386K in funding to date.
How many funding rounds has Beam Distributing completed?
Beam Distributing has completed 2 funding rounds.
How much funding did Beam Distributing raise in its most recent funding round?
Beam Distributing raised $236K in its most recent funding round.
Who are the lead investors in Beam Distributing's latest funding round?
The lead investor in Beam Distributing'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 Beam Distributing's history?
The largest funding round in Beam Distributing's history was $236K.
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