How Much Did Pelagic Raise?
Funding & Key Investors

Pelagic has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which contributed $350K to the company's balance sheet, underscores the firm's robust market position within the specialized outdoor apparel sector. By leveraging this strategic investment, the company is well-positioned to accelerate its operational scale and deepen its penetration into the competitive fishing gear and performance clothing market.

What is Pelagic?

Pelagic
RetailApparel & Accessories Retail

Pelagic operates as a premier provider of high-performance fishing apparel and technical gear, catering to a diverse demographic of men, women, and youth enthusiasts. The company's product portfolio, which spans specialized fishing shirts, shorts, jackets, and advanced polarized eyewear, is engineered for durability and sun protection in demanding marine environments. Beyond its retail offerings, Pelagic distinguishes itself through a strong commitment to sustainability and active community engagement, fostering brand loyalty via high-profile fishing tournaments and a robust ambassador program. This integrated approach to lifestyle branding has solidified its reputation among outdoor adventurers who prioritize functional, high-quality equipment for life on the water.

How much funding has Pelagic raised?

Pelagic has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Pelagic

PPP

Public-Private Partnership

What's next for Pelagic?

With the infusion of this late-stage capital, Pelagic is poised to transition into a new phase of market expansion and product innovation. The strategic focus will likely center on optimizing supply chain efficiencies and broadening its digital footprint to capture a larger share of the global outdoor lifestyle market. By reinvesting these funds into research and development for sustainable materials and expanding its tournament-based marketing initiatives, the company aims to reinforce its competitive moat. As it scales, Pelagic will likely prioritize operational excellence to maintain its status as a leader in the performance fishing apparel category, ensuring long-term value creation for its stakeholders.

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Frequently Asked Questions Regarding Pelagic Financial Insights

What are the most recent funding rounds that Pelagic has completed, and what were the funding rounds?
Pelagic has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Pelagic has raised to date?
Pelagic has raised a total of $350K in funding to date.
How many funding rounds has Pelagic completed?
Pelagic has completed 1 funding rounds.
How much funding did Pelagic raise in its most recent funding round?
Pelagic raised $350K in its most recent funding round.
Who are the lead investors in Pelagic's latest funding round?
The lead investor in Pelagic'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 Pelagic's history?
The largest funding round in Pelagic's history was $350K.
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