How Much Did Long Beverage Raise?
Funding & Key Investors

Long Beverage has secured a significant capital injection, marking a pivotal moment in its seven-decade operational history. With a total funding accumulation of $2M, the firm is positioned to leverage this $2M strategic investment to modernize its supply chain infrastructure. This infusion of capital underscores the company's resilience and its commitment to maintaining a competitive edge in the beverage wholesale sector through advanced logistical integration.

What is Long Beverage?

Long Beverage
RetailConvenience Stores, Gas Stations & Liquor StoresFreight & Logistics Services

Long Beverage operates as a cornerstone of regional beverage distribution, boasting a 72-year legacy of service. The company manages a sophisticated 275,000 square foot warehouse facility, supported by a 16,000 square foot corporate headquarters dedicated to sales, administration, and distribution logistics. By integrating cutting-edge fleet management software and robust online ordering platforms, Long Beverage has successfully transitioned from a traditional wholesaler to a tech-enabled supply chain leader. Their market position is defined by a unique blend of long-standing community relationships and modern operational efficiency, allowing them to scale effectively while maintaining high service standards for their diverse client base.

How much funding has Long Beverage raised?

Long Beverage has raised a total of $2M across 1 funding round:

2020

Debt

$2M

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

Key Investors in Long Beverage

PPP

Public-Private Partnership

What's next for Long Beverage?

Looking ahead, the strategic deployment of this financing will likely focus on further digital transformation of the company's distribution network. As the firm navigates the complexities of modern enterprise-level logistics, the focus will remain on optimizing delivery routes and enhancing the digital interface for retail partners. By prioritizing technological scalability, Long Beverage is well-positioned to expand its market footprint and solidify its status as a dominant player in the wholesale beverage industry. The company's trajectory suggests a continued emphasis on operational excellence and sustainable growth, ensuring that its infrastructure remains capable of meeting the evolving demands of the beverage market.

See full Long Beverage company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

FurnitureRetail
Home Improvement & Hardware RetailRetail
Apparel & Accessories RetailRetail
Apparel & Accessories RetailRetail

Frequently Asked Questions Regarding Long Beverage Financial Insights

What are the most recent funding rounds that Long Beverage has completed, and what were the funding rounds?
Long Beverage has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Long Beverage has raised to date?
Long Beverage has raised a total of $2M in funding to date.
How many funding rounds has Long Beverage completed?
Long Beverage has completed 1 funding rounds.
How much funding did Long Beverage raise in its most recent funding round?
Long Beverage raised $2M in its most recent funding round.
Who are the lead investors in Long Beverage's latest funding round?
The lead investor in Long Beverage'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 Beverage's history?
The largest funding round in Long Beverage's history was $2M.
See more information about Long Beverage