How Much Did Derstine's Raise?
Funding & Key Investors

Derstine's, a cornerstone of the regional food distribution landscape, has successfully secured a significant capital injection to bolster its long-term operational capabilities. This latest financing round, which brings the total capital raised to $350K, underscores the firm's resilience and strategic importance within the supply chain. The recent funding amount of $350K serves as a pivotal milestone, enabling the company to reinforce its infrastructure and maintain its competitive edge in a demanding market environment.

What is Derstine's?

Derstine's
RetailGrocery RetailFreight & Logistics Services

Operating since 1983, Derstine's Foodservice has established itself as a premier independent, family-owned distributor headquartered in Sellersville, Pennsylvania. The company provides a comprehensive suite of services, including full-line foodservice distribution, specialized cold storage, and complex logistics solutions tailored for regional food operations and restaurants. By curating a diverse portfolio of national, regional, and local brands, Derstine's differentiates itself through a high-touch customer service model and a commitment to logistical precision. Their market position is defined by an ability to offer competitive pricing while maintaining the agility that larger, national competitors often lack, making them an essential partner for regional culinary enterprises.

How much funding has Derstine's raised?

Derstine's has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Derstine's

PPP

Public-Private Partnership

What's next for Derstine's?

With this recent strategic investment, Derstine's is well-positioned to accelerate its growth trajectory and optimize its distribution network. The capital will likely be deployed toward enhancing cold storage capacity and upgrading logistics technology to meet the evolving demands of the regional foodservice sector. As the company navigates the complexities of modern supply chain management, this financial backing provides the necessary liquidity to pursue operational efficiencies and potentially expand its service footprint. By leveraging its decades of industry expertise, Derstine's is poised to solidify its role as a critical link in the regional food economy, ensuring that local restaurants and food operations receive consistent, high-quality supply chain support.

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Frequently Asked Questions Regarding Derstine's Financial Insights

What are the most recent funding rounds that Derstine's has completed, and what were the funding rounds?
Derstine's has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Derstine's has raised to date?
Derstine's has raised a total of $350K in funding to date.
How many funding rounds has Derstine's completed?
Derstine's has completed 1 funding rounds.
How much funding did Derstine's raise in its most recent funding round?
Derstine's raised $350K in its most recent funding round.
Who are the lead investors in Derstine's's latest funding round?
The lead investor in Derstine's'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 Derstine's's history?
The largest funding round in Derstine's's history was $350K.
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