How Much Did Miceli & Oldfield Raise?
Funding & Key Investors

Miceli & Oldfield, a cornerstone of the Michigan food distribution sector, has successfully secured significant capital to bolster its operational infrastructure. The firm, which has demonstrated remarkable resilience and growth over five decades, recently finalized a major strategic investment totaling $650K. This latest infusion of liquidity brings the company's cumulative financial backing to $1M, underscoring its stability and long-term viability in the competitive dairy and food supply market.

What is Miceli & Oldfield?

Miceli & Oldfield
RetailGrocery RetailFreight & Logistics Services

Founded in 1968, Miceli & Oldfield has evolved from a modest egg retailer into one of Michigan's most prominent full-line dairy distributors. The company currently serves a diverse portfolio of over 1,000 clients, including high-end restaurants, healthcare facilities, hospitality venues, and retail markets. Operating from a state-of-the-art 42,000-square-foot distribution facility, the firm leverages a specialized fleet of 20 refrigerated vehicles to maintain a rigorous supply chain. By prioritizing brand-name quality, logistical precision, and competitive pricing, the organization has successfully transitioned into its third generation of family ownership, maintaining a dominant market position through consistent service excellence.

How much funding has Miceli & Oldfield raised?

Miceli & Oldfield has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$650K

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

Debt (2021): $650K led by PPP

Key Investors in Miceli & Oldfield

PPP

Public-Private Partnership

What's next for Miceli & Oldfield?

With the recent influx of capital, Miceli & Oldfield is well-positioned to optimize its distribution network and further solidify its footprint within the regional food supply chain. The strategic allocation of these funds will likely focus on enhancing warehouse automation and expanding the refrigerated logistics fleet to meet the increasing demands of its institutional and retail client base. As the company navigates its third generation of leadership, the focus remains on scaling operations while preserving the service-oriented ethos that has defined its 50-year history. Future growth initiatives will likely prioritize technological integration to maintain the company's reputation for timely, cost-effective delivery in an increasingly complex food distribution landscape.

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Frequently Asked Questions Regarding Miceli & Oldfield Financial Insights

What are the most recent funding rounds that Miceli & Oldfield has completed, and what were the funding rounds?
Miceli & Oldfield has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Miceli & Oldfield has raised to date?
Miceli & Oldfield has raised a total of $1M in funding to date.
How many funding rounds has Miceli & Oldfield completed?
Miceli & Oldfield has completed 2 funding rounds.
How much funding did Miceli & Oldfield raise in its most recent funding round?
Miceli & Oldfield raised $650K in its most recent funding round.
Who are the lead investors in Miceli & Oldfield's latest funding round?
The lead investor in Miceli & Oldfield'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 Miceli & Oldfield's history?
The largest funding round in Miceli & Oldfield's history was $650K.
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