How Much Did Long Beach Ice Raise?
Funding & Key Investors

Long Beach Ice has successfully secured a major strategic investment, bringing its cumulative capital intake to $290K. This latest infusion of $140K underscores the company's robust financial health and its capacity to leverage debt instruments to sustain its expansive operational footprint. As a veteran player in the specialized logistics market, the firm continues to demonstrate significant resilience, utilizing these financial resources to fortify its infrastructure and maintain its competitive edge in the Southern California region.

What is Long Beach Ice?

Long Beach Ice
ManufacturingFood & BeverageFreight & Logistics Services

Long Beach Ice operates as a premier, full-service provider of industrial and commercial ice solutions. With a legacy spanning over 55 years, the company has carved out a dominant market position by offering a comprehensive suite of products, including standard cubes, large-format blocks, dry ice, and bespoke ice sculptures. Beyond product variety, the firm distinguishes itself through a high-velocity logistics model, featuring 24-hour emergency delivery services that guarantee fulfillment within a 60-90 minute window. This operational efficiency makes them an essential partner for a diverse clientele, ranging from large-scale event organizers and concert promoters to critical infrastructure sectors like medical facilities and high-volume restaurant groups.

How much funding has Long Beach Ice raised?

Long Beach Ice has raised a total of $290K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$140K

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

Debt (2021): $140K led by PPP

Key Investors in Long Beach Ice

PPP

Public-Private Partnership

What's next for Long Beach Ice?

With the recent influx of capital, Long Beach Ice is positioned to transition into a phase of aggressive operational optimization and market penetration. The strategic deployment of these funds will likely focus on upgrading cold-chain logistics technology and expanding the fleet to accommodate the increasing demand for rapid-response delivery. By prioritizing the integration of advanced supply chain management systems, the company aims to solidify its reputation for reliability while exploring new geographic territories. As the firm navigates this late-stage growth cycle, the focus remains on maintaining the high service standards that have defined its half-century tenure, ensuring that it remains the primary choice for time-sensitive ice distribution in the region.

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Frequently Asked Questions Regarding Long Beach Ice Financial Insights

What are the most recent funding rounds that Long Beach Ice has completed, and what were the funding rounds?
Long Beach Ice has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on May 1, 2020.
What is the total amount of funding Long Beach Ice has raised to date?
Long Beach Ice has raised a total of $290K in funding to date.
How many funding rounds has Long Beach Ice completed?
Long Beach Ice has completed 2 funding rounds.
How much funding did Long Beach Ice raise in its most recent funding round?
Long Beach Ice raised $140K in its most recent funding round.
Who are the lead investors in Long Beach Ice's latest funding round?
The lead investor in Long Beach 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 Long Beach Ice's history?
The largest funding round in Long Beach Ice's history was $150K.
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