How Much Did Citrus Plus Raise?
Funding & Key Investors

Citrus Plus has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total funding accumulation of $150K, the firm has solidified its position within the competitive agricultural sector. This recent funding amount of $150K serves as a major strategic investment, enabling the organization to scale its packing capabilities and enhance its distribution infrastructure across the California region and beyond.

What is Citrus Plus?

Citrus Plus
RetailGrocery RetailFood & Beverage

Citrus Plus Inc. operates as a cornerstone of the Riverside, California agricultural landscape, functioning as a specialized citrus packing house. By bridging the gap between local growers and broader market demands, the company maintains a robust supply chain for Valencia oranges, lemons, and navel oranges. Their business model is predicated on rigorous food safety protocols and a commitment to high-quality produce, which has allowed them to cultivate enduring relationships with regional agricultural partners. As a family-owned enterprise, Citrus Plus balances traditional farming values with modern logistical efficiency, ensuring that fresh, healthy citrus reaches consumers while simultaneously bolstering the local economy through sustainable employment and community-focused initiatives.

How much funding has Citrus Plus raised?

Citrus Plus has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Citrus Plus

PPP

Public-Private Partnership

What's next for Citrus Plus?

With the recent infusion of capital, Citrus Plus is well-positioned to transition into a more aggressive growth phase. The strategic allocation of these funds will likely focus on upgrading automated packing technologies to increase throughput and expanding cold-chain storage facilities to minimize post-harvest loss. By leveraging this financial backing, the company aims to deepen its market penetration, potentially exploring new retail partnerships and direct-to-consumer channels. As the firm navigates this late-stage development, the focus remains on maintaining the integrity of its supply chain while scaling operations to meet the rising demand for high-quality, locally sourced citrus products in an increasingly health-conscious market.

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Frequently Asked Questions Regarding Citrus Plus Financial Insights

What are the most recent funding rounds that Citrus Plus has completed, and what were the funding rounds?
Citrus Plus has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Citrus Plus has raised to date?
Citrus Plus has raised a total of $150K in funding to date.
How many funding rounds has Citrus Plus completed?
Citrus Plus has completed 1 funding rounds.
How much funding did Citrus Plus raise in its most recent funding round?
Citrus Plus raised $150K in its most recent funding round.
Who are the lead investors in Citrus Plus's latest funding round?
The lead investor in Citrus Plus'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 Citrus Plus's history?
The largest funding round in Citrus Plus's history was $150K.
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