How Much Did Hodes Raise?
Funding & Key Investors

Hodes has successfully secured a significant capital injection, bringing its total funding to $150K. This latest infusion, characterized by a $150K strategic investment, underscores the company's robust position within the wholesale plumbing supply sector. By leveraging this financial backing, Hodes continues to solidify its operational footprint, ensuring that professional contractors receive high-quality components through a streamlined distribution network.

What is Hodes?

Hodes
RetailHome Improvement & Hardware Retail

Hodes operates as a specialized distributor of wholesale plumbing parts and essential supplies, catering directly to the professional contractor market. The company maintains a comprehensive inventory ranging from copper fittings and ball valves to sophisticated toilet and tank repair systems. By positioning itself as a reliable partner for trade professionals, Hodes emphasizes product quality and service reliability, effectively bridging the gap between large-scale manufacturing and field-level installation requirements. Its market position is defined by a commitment to supply chain efficiency and a guarantee of product integrity, which remains a cornerstone of its business model in an increasingly competitive industrial landscape.

How much funding has Hodes raised?

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

2020

Debt

$150K

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

Key Investors in Hodes

PPP

Public-Private Partnership

What's next for Hodes?

With the recent deployment of $150K, Hodes is well-positioned to scale its distribution capabilities and enhance its logistical infrastructure. The company is expected to focus on optimizing its inventory management systems and expanding its reach to meet the growing demand for reliable plumbing components. As it navigates the complexities of the late-stage growth phase, the strategic allocation of this capital will likely prioritize digital transformation and the strengthening of its contractor-facing service offerings. This trajectory suggests a long-term commitment to maintaining market leadership through operational excellence and sustained investment in supply chain resilience.

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Frequently Asked Questions Regarding Hodes Financial Insights

What are the most recent funding rounds that Hodes has completed, and what were the funding rounds?
Hodes has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Hodes has raised to date?
Hodes has raised a total of $150K in funding to date.
How many funding rounds has Hodes completed?
Hodes has completed 1 funding rounds.
How much funding did Hodes raise in its most recent funding round?
Hodes raised $150K in its most recent funding round.
Who are the lead investors in Hodes's latest funding round?
The lead investor in Hodes'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 Hodes's history?
The largest funding round in Hodes's history was $150K.
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