How Much Did Patrick Baker & Sons Raise?
Funding & Key Investors

Patrick Baker & Sons has secured $90K in recent financing, contributing to a total funding amount of $90K. This capital infusion, categorized as substantial expansion capital, aligns with the company's significant Series B/C stage, indicating a period of strategic growth and operational scaling for the established family business.

What is Patrick Baker & Sons?

Patrick Baker & Sons
RetailFlowers, Gifts & Specialty Stores

Founded in 1965 by Patrick A. Baker, Patrick Baker & Sons began as a church supply company in Hartford, CT, serving churches throughout the Northeast. Over the decades, the business has evolved significantly, expanding to include a wholesale catalog division in 1968 and opening a new retail store, warehouse, and catalog supply center in Southington, CT, in 1985. Now a multi-generational family-owned and operated enterprise, the company serves customers across New England, nationally, and even internationally, reaching Bermuda and England. Their commitment to quality goods, coupled with quick and personal service, has been a cornerstone of their enduring reputation and value proposition in the retail and wholesale sectors.

How much funding has Patrick Baker & Sons raised?

Patrick Baker & Sons has raised a total of $90K across 1 funding round:

2021

Debt

$90K

Debt (2021): $90K with participation from PPP

Key Investors in Patrick Baker & Sons

PPP

Public-Private Partnership

What's next for Patrick Baker & Sons?

The recent debt financing of $90K provides Patrick Baker & Sons with substantial expansion capital, signaling a strategic move to further scale operations and potentially broaden market reach. As a company with a long-standing history and a strong family-driven ethos, this investment is likely earmarked for enhancing inventory, optimizing logistics, or expanding their service offerings to meet growing customer demand across their diverse geographical footprint. The company's trajectory suggests a continued focus on leveraging its established brand and customer loyalty for sustained growth in the competitive retail and wholesale landscape.

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Frequently Asked Questions Regarding Patrick Baker & Sons Financial Insights

What are the most recent funding rounds that Patrick Baker & Sons has completed, and what were the funding rounds?
Patrick Baker & Sons has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding Patrick Baker & Sons has raised to date?
Patrick Baker & Sons has raised a total of $90K in funding to date.
How many funding rounds has Patrick Baker & Sons completed?
Patrick Baker & Sons has completed 1 funding rounds.
How much funding did Patrick Baker & Sons raise in its most recent funding round?
Patrick Baker & Sons raised $90K in its most recent funding round.
Who are the lead investors in Patrick Baker & Sons's latest funding round?
The lead investor in Patrick Baker & Sons'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 Patrick Baker & Sons's history?
The largest funding round in Patrick Baker & Sons's history was $90K.
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