How Much Did Harman Ice Raise?
Funding & Key Investors

Harman Ice, a long-standing wholesale ice distributor, has secured $350K in total capital, with a recent strategic investment of $350K marking a significant milestone. This latest financing round, categorized as a major strategic investment, underscores the company's established presence and ongoing growth trajectory in the packaged ice market. The company's financial activities indicate a mature operational phase, leveraging substantial backing for continued expansion and service enhancement across its multi-state distribution network.

What is Harman Ice?

Harman Ice
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Harman Ice operates as a premier wholesale ice distributor, specializing in the production and delivery of high-quality, crystal-clear ice. Founded in 1915 and headquartered in Johnson City, TN, the company has cultivated a robust operational footprint spanning five states. Harman Ice is recognized for its daily production capacity of 115,000 bags of ice, ensuring efficient and timely supply for a diverse clientele, ranging from small events to large gatherings. Adhering to stringent safety and quality benchmarks set by the International Packaged Ice Association, the company guarantees pure, contaminant-free ice. Its legacy of dependable service and extensive industry experience positions Harman Ice as a critical partner for businesses requiring reliable ice solutions.

How much funding has Harman Ice raised?

Harman Ice has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Harman Ice?

With the recent injection of capital through a major strategic investment, Harman Ice is poised for further operational scaling and market penetration. The substantial backing suggests a strategic focus on enhancing distribution logistics, potentially expanding its service area, or upgrading production capabilities to meet growing demand. As a company with over a century of experience, this latest financing round is likely to fortify its competitive advantage in the wholesale ice sector, enabling it to maintain its reputation for quality and reliability while exploring new avenues for growth and operational efficiency. The company's established market position, combined with strategic capital infusion, signals a commitment to sustained leadership in the industry.

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Frequently Asked Questions Regarding Harman Ice Financial Insights

What are the most recent funding rounds that Harman Ice has completed, and what were the funding rounds?
Harman Ice has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Harman Ice has raised to date?
Harman Ice has raised a total of $350K in funding to date.
How many funding rounds has Harman Ice completed?
Harman Ice has completed 1 funding rounds.
How much funding did Harman Ice raise in its most recent funding round?
Harman Ice raised $350K in its most recent funding round.
Who are the lead investors in Harman Ice's latest funding round?
The lead investor in Harman Ice'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 Harman Ice's history?
The largest funding round in Harman Ice's history was $350K.
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