What is BrandSource?
Founded in 1969 and headquartered in Sacramento, California, BrandSource operates as a division of AVB, catering to independent appliance, furniture, mattress, and electronics retailers nationwide. The company facilitates the operations of locally-owned stores across the country, offering a diverse range of home furnishings and electronics.
How much funding has BrandSource raised?
BrandSource has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in BrandSource
PPP
Public-Private Partnership
What's next for BrandSource?
The recent major strategic investment signals a period of accelerated growth and potential expansion for BrandSource. This capital infusion is likely to be directed towards enhancing its service offerings to independent retailers, potentially through technological advancements, expanded product lines, or strategic partnerships. The company's long-standing history suggests a robust business model poised for further development within the competitive retail sector.
See full BrandSource company page