How Much Did Hobbytyme Distributors Raise?
Funding & Key Investors

Hobbytyme Distributors has successfully secured a major strategic investment, marking a significant milestone in its long-standing operational history. With a total funding amount reaching $150K, the firm is well-positioned to leverage this recent funding amount of $150K to fortify its market presence. This capital injection underscores the company's resilience and its critical role as a primary wholesaler within the niche hobby and specialty retail sector.

What is Hobbytyme Distributors?

Hobbytyme Distributors
RetailToys & Games

Established in 1980, Hobbytyme Distributors operates as a comprehensive full-line hobby wholesaler, maintaining a robust inventory of over 40,000 distinct items sourced from more than 300 manufacturers. The company serves as a vital link in the supply chain for over 1,200 specialty shops across the United States. By specializing in plastic model kits, model railroading, rocketry, and various craft supplies, the firm has cultivated a reputation for operational efficiency, supported by a 25,000 square foot warehouse facility and a dedicated workforce of over 30 professionals. Its dealer-only business model ensures a focused approach to B2B distribution, prioritizing fast shipping and competitive pricing structures.

How much funding has Hobbytyme Distributors raised?

Hobbytyme Distributors has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Hobbytyme Distributors

PPP

Public-Private Partnership

What's next for Hobbytyme Distributors?

Following this late-stage financing, Hobbytyme Distributors is expected to prioritize the optimization of its distribution logistics and inventory management systems. The strategic allocation of capital will likely facilitate the expansion of its manufacturer partnerships and the enhancement of its digital procurement platform. As the hobby industry continues to see steady demand for specialized craft and modeling products, the company is poised to scale its operations, ensuring that its dealer network receives consistent, high-quality service. This investment serves as a catalyst for long-term growth, enabling the firm to maintain its competitive edge in an increasingly complex retail landscape.

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Frequently Asked Questions Regarding Hobbytyme Distributors Financial Insights

What are the most recent funding rounds that Hobbytyme Distributors has completed, and what were the funding rounds?
Hobbytyme Distributors has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Hobbytyme Distributors has raised to date?
Hobbytyme Distributors has raised a total of $150K in funding to date.
How many funding rounds has Hobbytyme Distributors completed?
Hobbytyme Distributors has completed 1 funding rounds.
How much funding did Hobbytyme Distributors raise in its most recent funding round?
Hobbytyme Distributors raised $150K in its most recent funding round.
Who are the lead investors in Hobbytyme Distributors's latest funding round?
The lead investor in Hobbytyme Distributors'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 Hobbytyme Distributors's history?
The largest funding round in Hobbytyme Distributors's history was $150K.
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