How Much Did Hill & Markes Raise?
Funding & Key Investors

Hill & Markes has secured $2M in total capital, with its most recent financing round bringing in $2M in a major strategic investment. This significant backing underscores the company's established position in its market.

What is Hill & Markes?

Hill & Markes
RetailGrocery RetailOffice Products Retail & Distribution

For over 115 years, Hill & Markes has operated as a comprehensive provider of essential goods, encompassing food service supplies, janitorial products, office necessities, and packing materials. Based in a LEED Certified Building in Amsterdam, NY, the company serves the entirety of New York state and extends its reach into western Vermont. With a robust team of over 50 salespeople and 180 employees, Hill & Markes maintains a widespread distribution network, with its fleet of trucks covering territories from the Canadian border down to the Tappanzee Bridge and as far west as Buffalo. This extensive operational footprint highlights its deep integration into the regional supply chain.

How much funding has Hill & Markes raised?

Hill & Markes has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Hill & Markes?

The recent major strategic investment into Hill & Markes signals a commitment to further solidifying its market leadership and potentially expanding its service offerings or operational efficiencies. Given its long history and established infrastructure, this capital infusion is likely earmarked for enhancing its distribution capabilities, modernizing its logistics, or exploring new product categories to meet evolving customer demands in the food service and janitorial supply sectors. The enterprise-level nature of the funding suggests a focus on sustainable growth and long-term strategic objectives.

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Frequently Asked Questions Regarding Hill & Markes Financial Insights

What are the most recent funding rounds that Hill & Markes has completed, and what were the funding rounds?
Hill & Markes has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Hill & Markes has raised to date?
Hill & Markes has raised a total of $2M in funding to date.
How many funding rounds has Hill & Markes completed?
Hill & Markes has completed 1 funding rounds.
How much funding did Hill & Markes raise in its most recent funding round?
Hill & Markes raised $2M in its most recent funding round.
Who are the lead investors in Hill & Markes's latest funding round?
The lead investor in Hill & Markes'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 Hill & Markes's history?
The largest funding round in Hill & Markes's history was $2M.
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