How Much Did Empire Electronics Raise?
Funding & Key Investors

Empire Electronics, a prominent distributor of computer hardware, electronic components, and IT solutions, has secured substantial expansion capital, contributing to its overall funding of $86K. The company recently announced $86K in new investment, underscoring its strategic growth phase. This latest financing round, occurring on March 3, 2021, with an $86M debt facility from PPP, signals a commitment to bolstering its market presence and operational capabilities within the competitive technology distribution sector.

What is Empire Electronics?

Empire Electronics
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Empire Electronics Inc. has established itself as a leading distributor in the technology supply chain, specializing in computer hardware, electronic components, comprehensive IT solutions, and audio/visual equipment. The company serves a broad spectrum of clients, including original equipment manufacturers (OEMs), contract manufacturers, government entities, and the U.S. military. Renowned for its robust partnerships with premier manufacturing brands, Empire Electronics enhances customer value through specialized services, focusing on rapid turnaround times for technology products and ensuring consistent access to a wide array of technological goods. This strategic positioning allows the company to effectively meet the dynamic demands of its diverse customer base.

How much funding has Empire Electronics raised?

Empire Electronics has raised a total of $86K across 1 funding round:

2021

Debt

$86K

Debt (2021): $86K with participation from PPP

What's next for Empire Electronics?

With significant Series B/C stage financing, Empire Electronics is poised for accelerated growth and market expansion. The infusion of substantial expansion capital is expected to fuel strategic initiatives, potentially including the enhancement of its distribution network, the broadening of its product portfolio, and the deepening of its value-added services. The company's focus on reliable access to technology and fast turnaround times, combined with its established client relationships, positions it favorably to capitalize on emerging market opportunities and further solidify its leadership in the electronic components and IT solutions distribution landscape.

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Frequently Asked Questions Regarding Empire Electronics Financial Insights

What are the most recent funding rounds that Empire Electronics has completed, and what were the funding rounds?
Empire Electronics has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding Empire Electronics has raised to date?
Empire Electronics has raised a total of $86K in funding to date.
How many funding rounds has Empire Electronics completed?
Empire Electronics has completed 1 funding rounds.
How much funding did Empire Electronics raise in its most recent funding round?
Empire Electronics raised $86K in its most recent funding round.
Who are the lead investors in Empire Electronics's latest funding round?
The lead investor in Empire Electronics'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 Empire Electronics's history?
The largest funding round in Empire Electronics's history was $86K.
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