How Much Did Burris Raise?
Funding & Key Investors

Burris has secured significant capital, with a total funding amount of $302K. The company recently announced a major strategic investment of $152K, underscoring its established position in the market. This latest financing round follows a history of debt financing, including $152M in January 2021 and $150M in April 2020, indicating a consistent need for capital to fuel its operations and expansion. The company's trajectory suggests a mature business model leveraging debt for operational scaling.

What is Burris?

Burris
RetailOffice Products Retail & Distribution

Burris, Inc. is a woman-owned business with a long-standing history in the office supplies, furniture, and technology sectors, operating since 1953. The company prides itself on offering a wide selection of products from top brands, alongside compatible lines for cost savings. Burris serves businesses in the Russellville area, emphasizing a customer-centric approach with a focus on personalized service and support. Their online platform, BurrisInc.com, aims to simplify the procurement process for businesses, offering features like sub-user accounts and order approval systems to streamline purchasing for managers.

How much funding has Burris raised?

Burris has raised a total of $302K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$152K

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

Debt (2021): $152K led by PPP

Key Investors in Burris

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Burris?

The recent major strategic investment signals Burris's intent to further solidify its market presence and potentially expand its service offerings or geographical reach. Given its late-stage funding context and established operational history, this capital infusion is likely earmarked for enhancing its e-commerce capabilities, optimizing supply chain logistics, or exploring new product categories. The company's focus on customer service and its robust online platform position it well for continued growth and adaptation in the competitive office supply market.

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Frequently Asked Questions Regarding Burris Financial Insights

What are the most recent funding rounds that Burris has completed, and what were the funding rounds?
Burris has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Burris has raised to date?
Burris has raised a total of $302K in funding to date.
How many funding rounds has Burris completed?
Burris has completed 2 funding rounds.
How much funding did Burris raise in its most recent funding round?
Burris raised $152K in its most recent funding round.
Who are the lead investors in Burris's latest funding round?
The lead investor in Burris'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 Burris's history?
The largest funding round in Burris's history was $152K.
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