How Much Did Parks Building Solutions Raise?
Funding & Key Investors

Parks Building Solutions has secured $1M in total capital, with a recent strategic investment of $674K bolstering its operations. This enterprise-level funding signifies a pivotal moment for the North Carolina-based building supply company, underscoring its established market presence and future growth potential in the construction sector.

The company's financial trajectory includes prior debt financing, with the latest recorded round occurring on March 30, 2021.

What is Parks Building Solutions?

Parks Building Solutions
RetailHome Improvement & Hardware Retail

Parks Building Solutions is a comprehensive provider of building supplies, serving both builders and homeowners across North Carolina. With a legacy spanning 75 years, the company has cultivated a reputation for delivering quality products and exceptional customer service. Their extensive inventory encompasses a wide array of essential construction components, including building materials, millwork, flooring, cabinetry, and appliances. Parks Building Solutions positions itself as a reliable partner, committed to transforming client visions into tangible realities by ensuring projects are completed efficiently and to the highest standards, leveraging deep industry experience and a forward-thinking approach to innovation.

How much funding has Parks Building Solutions raised?

Parks Building Solutions has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$674K

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

Debt (2021): $674K led by PPP

What's next for Parks Building Solutions?

The recent major strategic investment into Parks Building Solutions signals a clear intent for accelerated expansion and enhanced market penetration. This infusion of capital is expected to fuel initiatives aimed at broadening product lines, optimizing supply chain logistics, and potentially expanding geographical reach. As a company with a long-standing history and a commitment to quality, this strategic financing will likely enable Parks Building Solutions to further solidify its position as a trusted leader in the building supply industry, adapting to evolving construction demands and technological advancements.

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Frequently Asked Questions Regarding Parks Building Solutions Financial Insights

What are the most recent funding rounds that Parks Building Solutions has completed, and what were the funding rounds?
Parks Building Solutions has recently completed 2 funding rounds: Debt on Mar 30, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Parks Building Solutions has raised to date?
Parks Building Solutions has raised a total of $1M in funding to date.
How many funding rounds has Parks Building Solutions completed?
Parks Building Solutions has completed 2 funding rounds.
How much funding did Parks Building Solutions raise in its most recent funding round?
Parks Building Solutions raised $674K in its most recent funding round.
Who are the lead investors in Parks Building Solutions's latest funding round?
The lead investor in Parks Building Solutions'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 Parks Building Solutions's history?
The largest funding round in Parks Building Solutions's history was $674K.
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