How Much Did Do It Best Raise?
Funding & Key Investors

Do It Best has secured $150K in total funding, with its most recent capital infusion of $150K categorized as a major strategic investment. This large-scale, late-stage funding indicates a significant phase of growth and operational scaling for the company.

What is Do It Best?

Do It Best
RetailHome Improvement & Hardware Retail

Do It Best operates as a comprehensive home center, offering a wide array of hardware, lumber, tools, and building supplies. With a history dating back to 1926, the company serves both homeowners and professional contractors from its two locations in Oswego, NY, and Fulton, NY. Do It Best is committed to providing quality materials and exceptional customer service, with capabilities to special-order items from their warehouse. They also offer an online shopping portal featuring over 67,000 items, catering to DIY enthusiasts and professionals alike. The company emphasizes customer satisfaction, competitive pricing, and a reputation built on honest work and respectful, prompt service.

How much funding has Do It Best raised?

Do It Best has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Do It Best?

The recent major strategic investment, within the context of large-scale late-stage funding, suggests Do It Best is poised for significant expansion or strategic initiatives. This capital infusion will likely be directed towards enhancing operational efficiencies, expanding product lines, potentially increasing physical footprint, or investing in digital transformation to further bolster its online presence and customer reach. The company's long-standing commitment to quality and service, combined with this financial backing, positions it for continued success in the competitive home improvement and building supplies market.

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Frequently Asked Questions Regarding Do It Best Financial Insights

What are the most recent funding rounds that Do It Best has completed, and what were the funding rounds?
Do It Best has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Do It Best has raised to date?
Do It Best has raised a total of $150K in funding to date.
How many funding rounds has Do It Best completed?
Do It Best has completed 1 funding rounds.
How much funding did Do It Best raise in its most recent funding round?
Do It Best raised $150K in its most recent funding round.
Who are the lead investors in Do It Best's latest funding round?
The lead investor in Do It Best'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 Do It Best's history?
The largest funding round in Do It Best's history was $150K.
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