How Much Did Progress Supply Raise?
Funding & Key Investors

Progress Supply has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This latest capital infusion signals a significant milestone for the company, underscoring its established market presence and future growth potential.

What is Progress Supply?

Progress Supply
RetailHome Improvement & Hardware Retail

Progress Supply Inc. operates as a dedicated supplier, focusing on the precise delivery of products to the right locations at the opportune moments. The company offers a comprehensive suite of products and services meticulously designed to address the specific requirements of its clientele. With an operational footprint spanning multiple locations, including Cincinnati, Columbus, Dayton, Hebron, and Louisville, Progress Supply is committed to achieving customer satisfaction through consistent, timely delivery and superior service quality. This strategic positioning in the supply chain sector highlights its role in facilitating efficient distribution networks.

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 recent strategic investment into Progress Supply, following a period of large-scale late-stage funding, indicates a strong confidence from stakeholders in the company's operational model and market strategy. This capital is likely to be deployed towards enhancing logistical capabilities, expanding service reach, or potentially integrating new technologies to further optimize its supply chain operations. The company's focus on timely delivery and customer satisfaction, coupled with this significant financial backing, positions it for continued expansion and market leadership in the competitive supplier landscape.

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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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