What is Potomac?
Potomac Corp is a notable entity within the Wire & Cable industry. Headquartered in Wheeling, Illinois, the company employs between 100 to 249 individuals and generates an estimated revenue of $5 million to $10 million. Its operations are central to the supply chain for wire and cable products, indicating a foundational role in various industrial and infrastructural applications.
How much funding has Potomac raised?
Potomac has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Potomac
PPP
Public-Private Partnership
What's next for Potomac?
The recent major strategic investment signifies a pivotal moment for Potomac, likely enabling expansion of its operational capacity, technological advancements, or market penetration. Given the enterprise-level context of the total funding, Potomac appears to be in a growth phase, potentially scaling its production capabilities or exploring new market segments within the wire and cable sector. This capital infusion is expected to fuel further development and solidify its competitive standing.
See full Potomac company page
