What is Fastbolt?
Founded in 1974 and headquartered in South Hackensack, New Jersey, Fastbolt Corporation specializes in comprehensive supply chain management solutions tailored for electro-mechanical products. The company's offerings encompass a wide array of fastening products, including threaded fasteners, electronic and military hardware, custom components, and riveting systems, alongside wire management products, washers, rings, and pins. Beyond product provision, Fastbolt delivers critical logistical services, sophisticated inventory management programs, and expert application engineering assistance. Its diverse client base spans the automotive and ground transportation, consumer products, industrial equipment, medical equipment, electronics and telecom, and aircraft and military industries, highlighting its broad market reach and adaptability.
How much funding has Fastbolt raised?
Fastbolt has raised a total of $2.5M across 2 funding rounds:
Debt
$1M
Debt
$1.6M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.6M led by PPP
What's next for Fastbolt?
The recent major strategic investment signifies Fastbolt's ongoing commitment to enhancing its supply chain solutions and expanding its logistical capabilities. With established sales offices across the United States and internationally, and logistic centers strategically located in North Carolina, South Carolina, Florida, Texas, and Canada, Fastbolt is well-positioned to leverage this capital infusion. Future endeavors will likely focus on optimizing inventory management programs, further developing its application engineering support, and potentially exploring new market segments or technological integrations to maintain its competitive edge in the electro-mechanical supply chain landscape.
See full Fastbolt company page
