How Much Did Proformance Systems Raise?
Funding & Key Investors

Proformance Systems has secured $99K in total financing, with its most recent funding round bringing in $99K. This capital infusion, described as substantial expansion capital, positions the company at a significant Series B/C stage of its growth trajectory. The company's financial activities indicate a strategic push for scaling operations and market penetration.

What is Proformance Systems?

Proformance Systems
RetailSporting & Recreational Equipment RetailConstruction Management

Proformance Systems Inc. stands as a premier distributor of athletic equipment and operable partitions, with a specialized focus on products including basketball backstops, volleyball systems, and indoor/outdoor batting cages. The company is recognized as New York's leading provider of Porter Athletic Equipment and innovative space division systems from Kwik-Wall, encompassing folding doors and acoustical panels. Furthermore, Proformance Systems demonstrates expertise in the sales and installation of security gates across the Tri-State area and Long Island. Their client base primarily consists of educational institutions, sports facilities, and organizations requiring sophisticated space management solutions.

How much funding has Proformance Systems raised?

Proformance Systems has raised a total of $99K across 1 funding round:

2021

Debt

$99K

Debt (2021): $99K with participation from PPP

Key Investors in Proformance Systems

PPP

Public-Private Partnership

What's next for Proformance Systems?

The recent influx of substantial expansion capital, marking a significant Series B/C stage for Proformance Systems, signals a clear intent for accelerated growth. This strategic financing is expected to fuel advancements in product distribution, potentially expanding their market reach beyond the Tri-State area and Long Island. Investments may also be directed towards enhancing their specialized offerings in athletic equipment and space division systems, further solidifying their position as a top provider. The company's focus on schools and sports facilities suggests a continued emphasis on infrastructure development within these sectors.

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Frequently Asked Questions Regarding Proformance Systems Financial Insights

What are the most recent funding rounds that Proformance Systems has completed, and what were the funding rounds?
Proformance Systems has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Proformance Systems has raised to date?
Proformance Systems has raised a total of $99K in funding to date.
How many funding rounds has Proformance Systems completed?
Proformance Systems has completed 1 funding rounds.
How much funding did Proformance Systems raise in its most recent funding round?
Proformance Systems raised $99K in its most recent funding round.
Who are the lead investors in Proformance Systems's latest funding round?
The lead investor in Proformance Systems'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 Proformance Systems's history?
The largest funding round in Proformance Systems's history was $99K.
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