What is Parker?
Parker Compound Bows, Inc., founded in 1984 and based in Staunton, Virginia, is a prominent developer, producer, and marketer of compound bows and crossbows. The company's comprehensive product line extends to essential accessories such as quivers, bow cases, grips, scopes, cocking devices, arrows, and apparel. Parker serves a diverse customer base through direct-to-consumer sales and a network of retail outlets, salesmen, and dealers across the United States, Canada, Italy, and Australia. The company's long-standing presence and broad product offering solidify its role in the archery industry.
How much funding has Parker raised?
Parker has raised a total of $331K across 2 funding rounds:
Debt
$150K
Debt
$181K
Debt (2020): $150K with participation from PPP
Debt (2021): $181K led by PPP
Key Investors in Parker
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Parker?
The recent major strategic investment indicates Parker is poised for further expansion and potentially new product development or market penetration. Given the company's late-stage funding context, this capital infusion is likely aimed at scaling operations, enhancing manufacturing capabilities, or fortifying its market share against competitors. Future strategic moves may involve leveraging its established distribution channels and brand reputation to explore adjacent markets or introduce innovative archery solutions.
See full Parker company page
