What is Pic?
Founded in 1953 and headquartered in New Jersey, PIC Corporation has cultivated over 70 years of expertise in developing and distributing a comprehensive array of pest control products. The company specializes in solutions targeting a wide range of common pests, including mosquitoes, flying insects, roaches, ants, and rodents. Their product portfolio features innovative offerings such as electric zappers, traps, and repellents, designed for both efficacy and user convenience. PIC Corporation's solutions are distributed globally through diverse retail channels, encompassing grocery stores, hardware outlets, and e-commerce platforms, demonstrating a robust market reach and adaptability to consumer purchasing habits.
How much funding has Pic raised?
Pic has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Pic
PPP
Public-Private Partnership
What's next for Pic?
The substantial capital raised, particularly the recent strategic investment, positions PIC Corporation for accelerated expansion and innovation. As a company with a deep history and a broad product line, this financing is likely to fuel advancements in product development, potentially exploring new pest control technologies or expanding into underserved markets. The 'large-scale late-stage funding' context suggests a focus on scaling operations, enhancing distribution networks, and possibly pursuing strategic acquisitions to solidify its market leadership in the competitive pest control industry. Continued investment in research and development will be crucial for maintaining its edge.
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