What is Folsom?
Folsom Corp operates within the Sporting & Recreational Equipment Retail sector, a dynamic market requiring constant innovation and strategic capital allocation. With an employee base of 20 to 49 individuals and an estimated revenue between $25 million and $50 million, Folsom is positioned as a key player in its niche. Headquartered in Mahwah, New Jersey, the company leverages its location to serve its customer base effectively.
How much funding has Folsom raised?
Folsom has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Folsom
PPP
Public-Private Partnership
What's next for Folsom?
The recent major strategic investment signals a pivotal moment for Folsom, likely enabling expansion of its product lines, enhancement of its retail operations, and potentially exploring new market segments within the sporting goods industry. This infusion of capital is expected to fuel further development and solidify its competitive advantage, positioning Folsom for sustained growth and increased market share in the coming years.
See full Folsom company page
