What is Black?
Founded in 1920 and headquartered in Decatur, Illinois, Black & Company is a well-established provider of industrial products and safety solutions, operating six locations across Illinois and Indiana. The company boasts an extensive inventory of over 33,000 items, with access to an additional 500,000 products through its comprehensive database. Employing over 100 full-time staff, Black & Company offers specialized services including recycling, electrical glove management, and gas detection repair and calibration, catering to a diverse business clientele.
How much funding has Black raised?
Black has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Black
PPP
Public-Private Partnership
What's next for Black?
With its substantial late-stage funding, Black & Company is strategically positioned for accelerated growth and enhanced service offerings. The recent major strategic investment is likely to fuel expansion initiatives, potentially involving the acquisition of new technologies, broadening its geographical reach, or deepening its product portfolio. This financial backing will enable the company to further solidify its leadership in the industrial supply chain and safety solutions market, ensuring continued innovation and operational excellence.
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