What is Excess Distributors?
Excess Distributors Inc. has carved a niche in the electrical supply market since its inception in 1989 by specializing in surplus electrical products. The company's unique procurement strategy allows it to maintain an extensive inventory of electrical construction materials that many conventional distributors do not stock. This deep inventory includes a wide array of items such as conduit fittings, wiring devices, lugs, elbows, strut fittings, enclosures, PVC coated products, fuses, and straps. The company's commitment to stocking hard-to-find items and its reputation for knowledgeable sales associates anxious to service every customer's needs have established it as a go-to resource for specialized electrical components.
How much funding has Excess Distributors raised?
Excess Distributors has raised a total of $117K across 1 funding round:
Debt
$117K
Debt (2021): $117K with participation from PPP
What's next for Excess Distributors?
With the recent influx of capital from a major strategic investment, Excess Distributors is poised for accelerated growth and market penetration. The substantial backing, reflected in the $117K, suggests a late-stage funding environment, likely aimed at scaling operations, enhancing logistical capabilities, and potentially expanding its product lines or geographic reach. This strategic financing will empower the company to further solidify its competitive advantage by increasing inventory levels of specialized products and reinforcing its customer service infrastructure, ensuring it remains a leader in meeting unique electrical supply demands.
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