How Much Did Preferred Source Raise?
Funding & Key Investors

Preferred Source has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position and future growth prospects in the competitive foodservice industry.

What is Preferred Source?

Preferred Source
RetailHome Improvement & Hardware RetailBusiness Services

Established in 1988, Preferred Source operates as a premier provider of representation for manufacturers within the foodservice sector. The company specializes in catering to distributors, chains, and end-users by delivering on-trend solutions across equipment, tabletop, and supplies. With a robust operational footprint spanning Texas and Oklahoma, Preferred Source has cultivated a reputation for its trusted, genuine, and knowledgeable service, leveraging over 35 years of deep industry experience. Their comprehensive portfolio of manufacturers enables them to adeptly meet a wide array of customer requirements while simultaneously nurturing strong, enduring relationships.

How much funding has Preferred Source raised?

Preferred Source has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Preferred Source

PPP

Public-Private Partnership

What's next for Preferred Source?

The recent major strategic investment signals a new phase of expansion and development for Preferred Source. This capital infusion is expected to fuel initiatives aimed at broadening market reach, enhancing product offerings, and potentially exploring new technological integrations to further solidify its leadership in foodservice representation. The company's long-standing industry presence and established distribution networks provide a strong foundation for leveraging this new financing to achieve accelerated growth and market penetration.

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Frequently Asked Questions Regarding Preferred Source Financial Insights

What are the most recent funding rounds that Preferred Source has completed, and what were the funding rounds?
Preferred Source has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Preferred Source has raised to date?
Preferred Source has raised a total of $150K in funding to date.
How many funding rounds has Preferred Source completed?
Preferred Source has completed 1 funding rounds.
How much funding did Preferred Source raise in its most recent funding round?
Preferred Source raised $150K in its most recent funding round.
Who are the lead investors in Preferred Source's latest funding round?
The lead investor in Preferred Source'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 Preferred Source's history?
The largest funding round in Preferred Source's history was $150K.
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