How Much Did Olum Raise?
Funding & Key Investors

Olum has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This latest injection of capital underscores the company's significant progress and its pivotal role in its market sector.

What is Olum?

Olum
RetailDepartment Stores, Shopping Centers & SuperstoresConsumer Services

Olum operates a comprehensive service department, centrally located within its distribution center at 95 Main St, Johnson City. The company specializes in providing top-quality, guaranteed service for furniture and appliances, employing on-site repair technicians to ensure customer satisfaction. This focus on direct service delivery and repair positions Olum as a key player in the after-sales support market.

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

What's next for Olum?

The recent major strategic investment signals a new phase of growth for Olum. This capital infusion is expected to fuel expansion initiatives, potentially enhancing service capabilities, broadening geographic reach, or investing in new technologies to further optimize its distribution and repair operations. The company is poised to leverage this backing to solidify its market position and drive future development.

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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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