How Much Did Progress Supply Raise?
Funding & Key Investors

Progress Supply has secured $350K in total funding, with its most recent capital infusion amounting to $350K from a major strategic investment. This significant backing underscores the company's established position in the market and its trajectory towards further expansion.

What is Progress Supply?

Progress Supply
RetailHome Improvement & Hardware Retail

Progress Supply Inc. operates as a critical supplier, dedicated to ensuring the precise delivery of products to the right locations at the opportune moments. The company's service portfolio is designed to meet diverse client needs, supported by a network of facilities across Cincinnati, Columbus, Dayton, Hebron, and Louisville. Their core mission revolves around achieving customer satisfaction through consistent, timely service and high-quality product offerings, positioning them as a key player in the regional supply chain.

How much funding has Progress Supply raised?

Progress Supply has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Progress Supply

PPP

Public-Private Partnership

What's next for Progress Supply?

The substantial late-stage funding indicates Progress Supply is poised for significant operational scaling and strategic market penetration. This capital injection is likely to fuel enhancements in logistics infrastructure, technology adoption for improved efficiency, and potentially geographic expansion. The company's focus on timely delivery and customer satisfaction, combined with this strategic investment, suggests a continued emphasis on solidifying its market leadership and optimizing its supply chain capabilities.

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Frequently Asked Questions Regarding Progress Supply Financial Insights

What are the most recent funding rounds that Progress Supply has completed, and what were the funding rounds?
Progress Supply has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Progress Supply has raised to date?
Progress Supply has raised a total of $350K in funding to date.
How many funding rounds has Progress Supply completed?
Progress Supply has completed 1 funding rounds.
How much funding did Progress Supply raise in its most recent funding round?
Progress Supply raised $350K in its most recent funding round.
Who are the lead investors in Progress Supply's latest funding round?
The lead investor in Progress Supply'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 Progress Supply's history?
The largest funding round in Progress Supply's history was $350K.
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