How Much Did Produce Raise?
Funding & Key Investors

Produce, a prominent supplier specializing in fresh fruits, vegetables, dairy, and restaurant supplies, has secured $150K in total capital. The company recently announced a major strategic investment of $150K, underscoring its significant growth and market position. This latest financing round follows a history of capital infusions, including a substantial $150M debt facility obtained in April 2020.

What is Produce?

Produce
RetailGrocery RetailFreight & Logistics Services

A&A Produce operates as a family-owned business, distinguishing itself as the largest wholesale grocer in Horry County, South Carolina, since its inception in 2002. The company's core business involves supplying fresh produce, dairy products, and essential restaurant supplies to food service establishments across coastal North Carolina and South Carolina. Leveraging a fleet of refrigerated trucks, A&A Produce ensures the timely delivery of high-quality, often locally-sourced ingredients. Their commitment extends to providing best-in-class products and exceptional customer service, catering to the diverse operational needs of their clientele.

How much funding has Produce raised?

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

2020

Debt

$150K

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

What's next for Produce?

With its recent strategic investment and substantial total funding of $150K, Produce is well-positioned for its next phase of expansion. As a large-scale, late-stage entity in the food supply sector, this capital infusion is likely earmarked for enhancing operational capacity, expanding its distribution network, or potentially acquiring complementary businesses. The company's focus on quality and service, combined with its established market presence, suggests a strategic direction aimed at solidifying its leadership in the regional food service industry and exploring new avenues for growth and market penetration.

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Frequently Asked Questions Regarding Produce Financial Insights

What are the most recent funding rounds that Produce has completed, and what were the funding rounds?
Produce has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Produce has raised to date?
Produce has raised a total of $150K in funding to date.
How many funding rounds has Produce completed?
Produce has completed 1 funding rounds.
How much funding did Produce raise in its most recent funding round?
Produce raised $150K in its most recent funding round.
Who are the lead investors in Produce's latest funding round?
The lead investor in Produce'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 Produce's history?
The largest funding round in Produce's history was $150K.
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