How Much Did Olum Raise?
Funding & Key Investors

Olum has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's position in the enterprise services sector and its ongoing growth trajectory. The latest financing round, dated April 15, 2020, was a debt financing event.

What is Olum?

Olum
RetailDepartment Stores, Shopping Centers & SuperstoresConsumer Services

Olum provides comprehensive service solutions, specializing in furniture and appliance repair. Operating from its Distribution Center at 95 Main St, Johnson City, the company employs on-site technicians to deliver guaranteed top-quality service to its customers. Olum's business model appears centered on maintaining and enhancing customer satisfaction through reliable repair and support services.

How much funding has Olum raised?

Olum has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Olum

PPP

Public-Private Partnership

What's next for Olum?

The substantial enterprise-level funding suggests Olum is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in service delivery infrastructure, potentially expanding its geographic reach or deepening its service offerings. The company's focus on guaranteed quality indicates a commitment to building long-term customer loyalty, a strategy that should be amplified by this new capital injection.

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Frequently Asked Questions Regarding Olum Financial Insights

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