How Much Did Mid-State Beverage Raise?
Funding & Key Investors

Mid-State Beverage has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its established position in the beverage distribution market. This latest financing round follows a period of consistent growth and community engagement for the Pennsylvania-based wholesaler.

What is Mid-State Beverage?

Mid-State Beverage
RetailConvenience Stores, Gas Stations & Liquor Stores

Established in 1970, Mid-State Beverage Company is a family-owned beverage wholesaler operating in North Central Pennsylvania. The company has built a reputation for outstanding service, evidenced by accolades such as Diageo's Golden Bar award. Beyond its commercial operations, Mid-State Beverage demonstrates a strong commitment to community support, notably providing over 180,000 meals during the COVID-19 pandemic through local charity partnerships. Their operational philosophy centers on consistency, customer service, and deep community engagement, which collectively shape their client relationships and market presence.

How much funding has Mid-State Beverage raised?

Mid-State Beverage has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Mid-State Beverage?

As a company in a large-scale late-stage funding phase, Mid-State Beverage is poised for further expansion and operational enhancement. The recent strategic investment suggests a focus on scaling its distribution network, potentially through technological upgrades or market penetration into new territories. This capital infusion will likely enable Mid-State Beverage to solidify its market leadership, enhance its service offerings, and continue its tradition of community involvement, leveraging its established brand equity and operational expertise.

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Frequently Asked Questions Regarding Mid-State Beverage Financial Insights

What are the most recent funding rounds that Mid-State Beverage has completed, and what were the funding rounds?
Mid-State Beverage has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Mid-State Beverage has raised to date?
Mid-State Beverage has raised a total of $350K in funding to date.
How many funding rounds has Mid-State Beverage completed?
Mid-State Beverage has completed 1 funding rounds.
How much funding did Mid-State Beverage raise in its most recent funding round?
Mid-State Beverage raised $350K in its most recent funding round.
Who are the lead investors in Mid-State Beverage's latest funding round?
The lead investor in Mid-State 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 Mid-State Beverage's history?
The largest funding round in Mid-State Beverage's history was $350K.
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