How Much Did Handbergs Raise?
Funding & Key Investors

Handbergs has secured $64K in total financing, with a recent infusion of $64K designated as substantial expansion capital. This significant Series B/C stage investment underscores the company's robust growth trajectory and its strategic importance within the marine services sector.

What is Handbergs?

Handbergs
RetailAutomobile DealersSporting & Recreational Equipment Retail

Handberg's Marina, situated in Crane Lake, MN, is a comprehensive provider of boating services. The company specializes in the sales of new and used boats and motors, alongside offering rental services and essential marina supplies. Its operations extend to secure boat and RV storage solutions, supported by a dedicated service department with factory-trained technicians. Further enhancing its customer value proposition, Handberg's Marina includes a general store stocked with groceries, fishing tackle, and gifts, as well as specialized services like boat tours and custom dock installations, positioning it as a full-service destination for boating enthusiasts.

How much funding has Handbergs raised?

Handbergs has raised a total of $64K across 1 funding round:

2021

Debt

$64K

Debt (2021): $64K with participation from PPP

What's next for Handbergs?

With the recent substantial expansion capital, Handbergs is poised for significant operational scaling and market penetration. The Series B/C stage funding suggests a strategic focus on enhancing service capabilities, potentially expanding its geographical footprint, or investing in new technologies to optimize customer experience and operational efficiency. This capital injection is expected to fuel further development and solidify its competitive advantage in the marine services industry.

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Frequently Asked Questions Regarding Handbergs Financial Insights

What are the most recent funding rounds that Handbergs has completed, and what were the funding rounds?
Handbergs has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Handbergs has raised to date?
Handbergs has raised a total of $64K in funding to date.
How many funding rounds has Handbergs completed?
Handbergs has completed 1 funding rounds.
How much funding did Handbergs raise in its most recent funding round?
Handbergs raised $64K in its most recent funding round.
Who are the lead investors in Handbergs's latest funding round?
The lead investor in Handbergs'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 Handbergs's history?
The largest funding round in Handbergs's history was $64K.
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