How Much Did Krell Distributing Raise?
Funding & Key Investors

Krell Distributing has secured $82K in total investment, with a recent influx of $82K designated for substantial expansion capital. This financing round places the company at a significant Series B/C stage, indicating a period of accelerated growth and market penetration for the Syracuse, NY-based firm.

What is Krell Distributing?

Krell Distributing
RetailHome Improvement & Hardware Retail

Krell Distributing is a family-owned enterprise established in 1972, specializing in radiant floor heating systems and DIY solutions. The company offers a comprehensive suite of products, including boilers, pex tubing, and prefabricated pump modules, all engineered for straightforward installation. Krell Distributing serves a diverse clientele, encompassing both do-it-yourself homeowners and professional contractors, by providing system design services and all requisite materials for radiant heating projects. Their operational ethos is centered on delivering quality products and robust customer support, aiming to streamline the heating installation process for a broad spectrum of users.

How much funding has Krell Distributing raised?

Krell Distributing has raised a total of $82K across 1 funding round:

2021

Debt

$82K

Debt (2021): $82K with participation from PPP

What's next for Krell Distributing?

With the recent infusion of expansion capital, Krell Distributing is poised for significant scaling. The substantial funding at this Series B/C stage suggests strategic initiatives focused on increasing market share, potentially through enhanced product development, broader distribution networks, or expanded service offerings. The company's established expertise in radiant floor heating systems and its dual focus on DIY and professional markets provide a strong foundation for leveraging this investment to further solidify its position in the home improvement and construction sectors.

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Frequently Asked Questions Regarding Krell Distributing Financial Insights

What are the most recent funding rounds that Krell Distributing has completed, and what were the funding rounds?
Krell Distributing has recently completed 1 funding rounds: Debt on Feb 6, 2021.
What is the total amount of funding Krell Distributing has raised to date?
Krell Distributing has raised a total of $82K in funding to date.
How many funding rounds has Krell Distributing completed?
Krell Distributing has completed 1 funding rounds.
How much funding did Krell Distributing raise in its most recent funding round?
Krell Distributing raised $82K in its most recent funding round.
Who are the lead investors in Krell Distributing's latest funding round?
The lead investor in Krell Distributing'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 Krell Distributing's history?
The largest funding round in Krell Distributing's history was $82K.
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