How Much Did Bi-Lo Supply Raise?
Funding & Key Investors

Bi-Lo Supply has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which accounts for $350K, underscores the company's robust position within the regional industrial supply sector. By leveraging this recent investment, the firm aims to solidify its operational footprint and enhance its logistical capabilities across its eight established locations in Central Pennsylvania.

What is Bi-Lo Supply?

Bi-Lo Supply
RetailHome Improvement & Hardware Retail

Established in 1968, Bi-Lo Supply Plumbing & Heating operates as a cornerstone wholesaler for plumbing and HVAC contractors. The company maintains a specialized inventory ranging from essential pipes and valves to complex HVAC units. By prioritizing a service-oriented model that emphasizes prompt delivery and deep-rooted community relationships, Bi-Lo Supply has carved out a defensible market position. Their business model relies on high-frequency distribution and technical expertise, serving as a critical link in the regional construction and maintenance supply chain.

How much funding has Bi-Lo Supply raised?

Bi-Lo Supply has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Bi-Lo Supply

PPP

Public-Private Partnership

What's next for Bi-Lo Supply?

With the infusion of this late-stage capital, Bi-Lo Supply is positioned to optimize its supply chain infrastructure and potentially expand its service radius. The strategic focus will likely shift toward digital transformation of their procurement processes and the modernization of their warehouse management systems. As the construction sector in Central Pennsylvania continues to evolve, the company is well-equipped to leverage its long-standing reputation to capture additional market share, ensuring that its wholesale operations remain resilient against broader economic fluctuations and supply chain volatility.

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Frequently Asked Questions Regarding Bi-Lo Supply Financial Insights

What are the most recent funding rounds that Bi-Lo Supply has completed, and what were the funding rounds?
Bi-Lo Supply has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Bi-Lo Supply has raised to date?
Bi-Lo Supply has raised a total of $350K in funding to date.
How many funding rounds has Bi-Lo Supply completed?
Bi-Lo Supply has completed 1 funding rounds.
How much funding did Bi-Lo Supply raise in its most recent funding round?
Bi-Lo Supply raised $350K in its most recent funding round.
Who are the lead investors in Bi-Lo Supply's latest funding round?
The lead investor in Bi-Lo 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 Bi-Lo Supply's history?
The largest funding round in Bi-Lo Supply's history was $350K.
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