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

Derstine's has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's established position in the foodservice distribution sector.

What is Derstine's?

Derstine's
RetailGrocery RetailFreight & Logistics Services

Derstine's, an independent, family-owned food distributor operating since 1983 from Sellersville, PA, specializes in comprehensive foodservice distribution, cold storage, and logistics for regional food operations and restaurants. The company provides a broad selection of high-quality food products from national, regional, and local brands, distinguishing itself through a commitment to customer service, timely delivery, and competitive pricing, setting it apart from larger competitors in the market.

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

What's next for Derstine's?

The substantial large-scale, late-stage funding indicates Derstine's is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel strategic initiatives aimed at broadening market reach, optimizing supply chain efficiencies, and potentially expanding its service portfolio. The company's focus on regional operations and restaurants suggests future growth may involve deepening penetration in existing markets or acquiring complementary businesses to enhance its distribution network and service capabilities.

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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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