How Much Did Cusumano & Sons Raise?
Funding & Key Investors

Cusumano & Sons has successfully secured a major strategic investment, marking a significant milestone in the company's long-standing history as a regional leader in produce distribution. This latest infusion of capital, totaling $150K, complements the firm's cumulative financial backing of $150K. By leveraging this liquidity, the organization aims to fortify its supply chain infrastructure and expand its reach within the Illinois market, ensuring that its century-old commitment to quality and service remains competitive in an increasingly digitized agricultural landscape.

What is Cusumano & Sons?

Cusumano & Sons
RetailGrocery RetailFreight & Logistics Services

Established in 1904, Cusumano & Sons operates as a fourth-generation wholesale produce distributor, maintaining a robust presence within a one-hundred-mile radius of Mt. Vernon, Illinois. The company distinguishes itself through a sophisticated logistics model, utilizing a dedicated refrigerated fleet to manage daily truckload shipments sourced from major growing regions across North and South America. By bridging the gap between large-scale agricultural producers and local commercial clients, the firm has solidified its reputation for reliability and fair pricing. Their market position is defined by a unique blend of traditional family-owned values and modern supply chain efficiency, allowing them to navigate the complexities of perishable goods distribution with precision.

How much funding has Cusumano & Sons raised?

Cusumano & Sons has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Cusumano & Sons

PPP

Public-Private Partnership

What's next for Cusumano & Sons?

With the recent influx of capital, Cusumano & Sons is positioned to transition into a more aggressive phase of operational scaling. The strategic focus will likely center on optimizing their cold-chain logistics and potentially integrating advanced inventory management systems to enhance throughput. As the company navigates this late-stage growth trajectory, the primary objective remains the preservation of their regional dominance while exploring opportunities to streamline procurement from international markets. This financial backing provides the necessary runway to modernize their fleet and infrastructure, ensuring that the firm remains a cornerstone of the regional food supply network for future generations.

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Frequently Asked Questions Regarding Cusumano & Sons Financial Insights

What are the most recent funding rounds that Cusumano & Sons has completed, and what were the funding rounds?
Cusumano & Sons has recently completed 1 funding rounds: Debt on Apr 4, 2020.
What is the total amount of funding Cusumano & Sons has raised to date?
Cusumano & Sons has raised a total of $150K in funding to date.
How many funding rounds has Cusumano & Sons completed?
Cusumano & Sons has completed 1 funding rounds.
How much funding did Cusumano & Sons raise in its most recent funding round?
Cusumano & Sons raised $150K in its most recent funding round.
Who are the lead investors in Cusumano & Sons's latest funding round?
The lead investor in Cusumano & Sons'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 Cusumano & Sons's history?
The largest funding round in Cusumano & Sons's history was $150K.
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