How Much Did Northeastern Supply Raise?
Funding & Key Investors

Northeastern Supply has secured $2M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This significant backing underscores the company's established presence and ongoing strategic initiatives within the building supplies distribution sector.

What is Northeastern Supply?

Northeastern Supply
RetailHome Improvement & Hardware Retail

Founded in 1945 and headquartered in Baltimore, Maryland, Northeastern Supply Inc. operates as a key distributor and wholesaler of essential building materials. The company's product portfolio encompasses a wide range of items, including air conditioning units, water systems, and plumbing equipment, serving a broad spectrum of the construction and renovation markets. Its long-standing history indicates a deep understanding of market dynamics and a robust operational framework.

How much funding has Northeastern Supply raised?

Northeastern Supply has raised a total of $2M across 1 funding round:

2020

Debt

$2M

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

Key Investors in Northeastern Supply

PPP

Public-Private Partnership

What's next for Northeastern Supply?

The recent major strategic investment, alongside the company's substantial total funding of $2M, positions Northeastern Supply for continued growth and potential expansion. This capital infusion is likely to support enhancements in distribution logistics, inventory management, and potentially the broadening of its product lines or service areas. The company's enterprise-level funding context suggests a focus on scaling operations and solidifying its market leadership in the wholesale building supplies industry.

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Frequently Asked Questions Regarding Northeastern Supply Financial Insights

What are the most recent funding rounds that Northeastern Supply has completed, and what were the funding rounds?
Northeastern Supply has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Northeastern Supply has raised to date?
Northeastern Supply has raised a total of $2M in funding to date.
How many funding rounds has Northeastern Supply completed?
Northeastern Supply has completed 1 funding rounds.
How much funding did Northeastern Supply raise in its most recent funding round?
Northeastern Supply raised $2M in its most recent funding round.
Who are the lead investors in Northeastern Supply's latest funding round?
The lead investor in Northeastern Supply'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 Northeastern Supply's history?
The largest funding round in Northeastern Supply's history was $2M.
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