What is Complete Drives?
Complete Drives, Inc., founded in 1987 and headquartered in Fort Wayne and Auburn, Indiana, operates as a comprehensive supplier of industrial components. Their product catalog includes essential items such as bearings, belting, electrical components, and a wide array of industrial supplies. The company caters to a diverse client base spanning manufacturing, aggregates, agriculture, automotive, OEMs, machine builders, printing, food, wire, and asphalt industries. Complete Drives emphasizes delivering quality products at competitive prices, backed by a commitment to resolving customer needs through specialized service. Their operational model relies on a team of highly trained outside sales professionals and dedicated inside customer service specialists, positioning them as a single-source provider for parts and service requirements.
How much funding has Complete Drives raised?
Complete Drives has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Complete Drives?
The recent major strategic investment in Complete Drives, following a period of substantial capital infusion, indicates a clear trajectory towards accelerated growth and market penetration. As a company with a long-standing history and a broad product offering for critical industries, this capital is likely to be deployed towards enhancing supply chain efficiencies, expanding product lines, and potentially exploring new market segments or technological integrations. The late-stage nature of this funding suggests a focus on optimizing existing operations and preparing for significant scaling, reinforcing their role as a key supplier in the industrial landscape.
See full Complete Drives company page
