How Much Did Fredrickson Supply Raise?
Funding & Key Investors

Fredrickson Supply has successfully secured a significant capital injection, bringing its total funding to $315K. This latest major strategic investment of $165K underscores the company's robust financial health and its capacity to leverage debt instruments for operational expansion. As a cornerstone of the Grand Rapids industrial landscape, the firm continues to demonstrate resilience in the municipal equipment sector, utilizing these financial resources to solidify its market presence and enhance its service delivery capabilities across the Michigan region.

What is Fredrickson Supply?

Fredrickson Supply
RetailHome Improvement & Hardware RetailOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)

Fredrickson Supply operates as a specialized equipment dealership, providing a comprehensive suite of municipal solutions including sewer cleaning, hydro-excavating, and street sweeping technology. By bridging the gap between high-end equipment manufacturing and the practical needs of private contractors and government entities, the company has established itself as a critical infrastructure partner. Their business model integrates sales, rental, and specialized repair services, ensuring a recurring revenue stream that supports their long-term growth objectives. The firm's focus on snow control and refuse management further diversifies its portfolio, insulating it against seasonal market fluctuations while maintaining high utility for its municipal client base.

How much funding has Fredrickson Supply raised?

Fredrickson Supply has raised a total of $315K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$165K

Debt (2020): $150K with participation from PPP

Debt (2021): $165K led by PPP

Key Investors in Fredrickson Supply

PPP

Public-Private Partnership

What's next for Fredrickson Supply?

With the recent infusion of capital, Fredrickson Supply is well-positioned to scale its service infrastructure and potentially broaden its geographic footprint. The strategic deployment of these funds will likely focus on optimizing inventory management for high-demand hydro-excavating and refuse equipment, alongside potential investments in advanced diagnostic tools for their repair division. As the company transitions through this late-stage growth phase, the focus will shift toward operational efficiency and the modernization of its rental fleet. By maintaining its commitment to expert consultation and localized support, Fredrickson Supply is poised to capture additional market share, reinforcing its status as a premier provider of municipal equipment in the Midwest.

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Frequently Asked Questions Regarding Fredrickson Supply Financial Insights

What are the most recent funding rounds that Fredrickson Supply has completed, and what were the funding rounds?
Fredrickson Supply has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Fredrickson Supply has raised to date?
Fredrickson Supply has raised a total of $315K in funding to date.
How many funding rounds has Fredrickson Supply completed?
Fredrickson Supply has completed 2 funding rounds.
How much funding did Fredrickson Supply raise in its most recent funding round?
Fredrickson Supply raised $165K in its most recent funding round.
Who are the lead investors in Fredrickson Supply's latest funding round?
The lead investor in Fredrickson Supply'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 Fredrickson Supply's history?
The largest funding round in Fredrickson Supply's history was $165K.
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