How Much Did Prospect Hardware Raise?
Funding & Key Investors

Prospect Hardware has secured $64K in recent financing, contributing to a total funding amount of $64K. This capital infusion, described as substantial expansion capital, positions the company for significant growth. The company is currently operating at a significant Series B/C stage, indicating a mature phase of development and scaling.

What is Prospect Hardware?

Prospect Hardware
RetailHome Improvement & Hardware Retail

Prospect Hardware, also known as P. Hardware Kitchen N Bath, is a Brooklyn-based supplier with over three decades of experience in building and maintenance supplies. The company offers a broad spectrum of products, ranging from essential janitorial and plumbing supplies to premium kitchen and bathroom fixtures. Prospect Hardware serves a diverse clientele, encompassing both private homeowners and commercial entities, and provides end-to-end services including design, installation, and delivery. Their business model emphasizes making high-quality kitchen and bath solutions accessible across various budget levels, focusing on efficiency and product excellence.

How much funding has Prospect Hardware raised?

Prospect Hardware has raised a total of $64K across 1 funding round:

2021

Debt

$64K

Debt (2021): $64K with participation from PPP

What's next for Prospect Hardware?

With the recent injection of substantial expansion capital, Prospect Hardware is poised for accelerated growth and market penetration. The significant Series B/C stage funding suggests a strategic focus on scaling operations, potentially expanding product lines, enhancing distribution networks, or entering new geographic markets. This investment will likely enable Prospect Hardware to further solidify its position as a comprehensive supplier of building and maintenance essentials, while also elevating its offerings in the high-end kitchen and bath fixture segment. Future developments may include strategic partnerships or acquisitions to bolster their market presence and service capabilities.

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Frequently Asked Questions Regarding Prospect Hardware Financial Insights

What are the most recent funding rounds that Prospect Hardware has completed, and what were the funding rounds?
Prospect Hardware has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding Prospect Hardware has raised to date?
Prospect Hardware has raised a total of $64K in funding to date.
How many funding rounds has Prospect Hardware completed?
Prospect Hardware has completed 1 funding rounds.
How much funding did Prospect Hardware raise in its most recent funding round?
Prospect Hardware raised $64K in its most recent funding round.
Who are the lead investors in Prospect Hardware's latest funding round?
The lead investor in Prospect Hardware'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 Prospect Hardware's history?
The largest funding round in Prospect Hardware's history was $64K.
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