How Much Did McCormick Computer Resale Raise?
Funding & Key Investors

McCormick Computer Resale has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment underscores the company's established position in the Point of Sale (POS) marketplace and its ongoing trajectory for growth.

What is McCormick Computer Resale?

McCormick Computer Resale
RetailEcommerce PlatformsConsumer Services

Established in 1989, McCormick Computer Resale, Inc. has carved a niche in the Point of Sale (POS) marketplace, specializing in new and refurbished systems, parts, and upgrades. The company is particularly recognized for its expertise with HP, NCR, IBM SurePOS, and PSC Magellan Scanners. Over its decades of operation, McCormick Computer Resale has experienced substantial expansion in both personnel and clientele, necessitating multiple relocations to accommodate its growing inventory and staff. The company's operational efficiency is highlighted by its ability to ship most parts orders on the same day, leveraging a vast inventory to meet customer demands rapidly and cost-effectively. This focus on rapid fulfillment and competitive pricing has made McCormick Computer Resale a relied-upon partner for businesses seeking essential POS hardware and support.

How much funding has McCormick Computer Resale raised?

McCormick Computer Resale has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for McCormick Computer Resale?

The recent strategic investment signifies a late-stage funding context for McCormick Computer Resale, indicating a focus on scaling operations, expanding market reach, or potentially enhancing technological capabilities. This capital infusion is likely to bolster the company's ability to maintain its competitive edge in the specialized POS hardware resale market, potentially through increased inventory acquisition, broader distribution networks, or further development of its refurbishment and repair services. The company's history of consistent growth and its specialized expertise position it well for continued success and strategic expansion.

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Frequently Asked Questions Regarding McCormick Computer Resale Financial Insights

What are the most recent funding rounds that McCormick Computer Resale has completed, and what were the funding rounds?
McCormick Computer Resale has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding McCormick Computer Resale has raised to date?
McCormick Computer Resale has raised a total of $350K in funding to date.
How many funding rounds has McCormick Computer Resale completed?
McCormick Computer Resale has completed 1 funding rounds.
How much funding did McCormick Computer Resale raise in its most recent funding round?
McCormick Computer Resale raised $350K in its most recent funding round.
Who are the lead investors in McCormick Computer Resale's latest funding round?
The lead investor in McCormick Computer Resale'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 McCormick Computer Resale's history?
The largest funding round in McCormick Computer Resale's history was $350K.
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