How Much Did FoodPRO Raise?
Funding & Key Investors

FoodPRO, a cornerstone of the Mid-Atlantic food service landscape, has successfully secured a major strategic investment, bringing its total capital accumulation to $1M. This latest injection of $1M underscores the company's enduring relevance in the wholesale restaurant supply sector. By leveraging this financial backing, the firm aims to fortify its supply chain infrastructure and expand its operational footprint across its core service regions of Maryland, Northern Virginia, West Virginia, D.C., and Pennsylvania.

What is FoodPRO?

FoodPRO
RetailGrocery Retail

Established in 1935, FoodPRO has evolved into the largest independent food service distributor in the Mid-Atlantic region. The company maintains a comprehensive portfolio that includes fresh-cut steaks, premium seafood, seasonal produce, and a wide array of non-perishable groceries and essential food service supplies. With over eight decades of operational history, FoodPRO distinguishes itself through a commitment to transparency and integrity, positioning itself as a primary partner for regional restaurateurs and institutional clients. Its market position is defined by a robust logistics network that ensures consistent delivery standards across diverse geographic territories.

How much funding has FoodPRO raised?

FoodPRO has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in FoodPRO

PPP

Public-Private Partnership

What's next for FoodPRO?

With the recent infusion of capital, FoodPRO is well-positioned to modernize its distribution capabilities and enhance its digital procurement platforms. As the company navigates the complexities of the modern food supply chain, this strategic financing will likely be directed toward optimizing inventory management systems and potentially scaling its cold-chain logistics to meet rising demand. By prioritizing operational efficiency and maintaining its long-standing reputation for quality, FoodPRO is set to solidify its dominance as the premier independent supplier in the Mid-Atlantic, ensuring that its service model remains resilient against broader industry fluctuations and supply chain volatility.

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Frequently Asked Questions Regarding FoodPRO Financial Insights

What are the most recent funding rounds that FoodPRO has completed, and what were the funding rounds?
FoodPRO has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding FoodPRO has raised to date?
FoodPRO has raised a total of $1M in funding to date.
How many funding rounds has FoodPRO completed?
FoodPRO has completed 1 funding rounds.
How much funding did FoodPRO raise in its most recent funding round?
FoodPRO raised $1M in its most recent funding round.
Who are the lead investors in FoodPRO's latest funding round?
The lead investor in FoodPRO'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 FoodPRO's history?
The largest funding round in FoodPRO's history was $1M.
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