How Much Did General Procurement Raise?
Funding & Key Investors

General Procurement, a distributor of technology products and solutions, has secured significant enterprise-level funding, with its most recent capital infusion being a major strategic investment. The total funding amount stands at $906K, with the latest financing round contributing $556K to the company's growth initiatives. This latest financing event occurred on February 18, 2021, underscoring a period of sustained financial backing for the organization.

What is General Procurement?

General Procurement
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Founded in 1991 and headquartered in Santa Ana, California, General Procurement operates as a technology products and solutions distributor. The company's extensive portfolio includes a wide array of computer components and products, serving a diverse customer base across North America, Latin America, the Middle East, and Africa. Its established presence in the distribution channel highlights its role as a key intermediary in the technology supply chain.

How much funding has General Procurement raised?

General Procurement has raised a total of $906K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$556K

Debt (2020): $350K with participation from PPP

Debt (2021): $556K led by PPP

Key Investors in General Procurement

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for General Procurement?

The substantial enterprise-level funding, particularly the recent strategic investment, positions General Procurement for significant expansion and operational enhancement. This capital injection is likely to fuel advancements in its distribution network, potentially enabling broader market penetration or the adoption of new technologies to streamline operations. The company's trajectory suggests a focus on solidifying its market position and leveraging its extensive reach to capitalize on evolving technology demands.

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Frequently Asked Questions Regarding General Procurement Financial Insights

What are the most recent funding rounds that General Procurement has completed, and what were the funding rounds?
General Procurement has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 16, 2020.
What is the total amount of funding General Procurement has raised to date?
General Procurement has raised a total of $906K in funding to date.
How many funding rounds has General Procurement completed?
General Procurement has completed 2 funding rounds.
How much funding did General Procurement raise in its most recent funding round?
General Procurement raised $556K in its most recent funding round.
Who are the lead investors in General Procurement's latest funding round?
The lead investor in General Procurement'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 General Procurement's history?
The largest funding round in General Procurement's history was $556K.
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