How Much Did Pure Cigs Raise?
Funding & Key Investors

Pure Cigs, a vape shop and manufacturer based in Melbourne, Florida, has secured $150K in total capital. The company recently announced a $150K strategic investment, underscoring its position in the late-stage funding landscape. This latest financing round follows a significant debt facility obtained in April 2020.

What is Pure Cigs?

Pure Cigs
RetailConvenience Stores, Gas Stations & Liquor StoresManufacturing

Established in 2010, Pure Cigs operates as Brevard County's oldest and largest chain of vape shops. The company specializes in electronic cigarettes, pod devices, e-liquids, and accessories, positioning itself as a provider of alternatives to traditional combustible tobacco products. Pure Cigs also advocates for smokers' rights, targeting adult smokers seeking vaping options and vaping enthusiasts in need of quality supplies.

How much funding has Pure Cigs raised?

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

2020

Debt

$150K

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

Key Investors in Pure Cigs

PPP

Public-Private Partnership

What's next for Pure Cigs?

With a substantial capital infusion indicated by its large-scale late-stage funding status, Pure Cigs is poised for significant expansion and strategic development. The recent major strategic investment suggests a focus on enhancing market presence, potentially through new product lines, broader distribution channels, or technological advancements in vaping hardware and e-liquids. This backing will likely enable Pure Cigs to further solidify its competitive edge against emerging players in the evolving vaping industry.

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Frequently Asked Questions Regarding Pure Cigs Financial Insights

What are the most recent funding rounds that Pure Cigs has completed, and what were the funding rounds?
Pure Cigs has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Pure Cigs has raised to date?
Pure Cigs has raised a total of $150K in funding to date.
How many funding rounds has Pure Cigs completed?
Pure Cigs has completed 1 funding rounds.
How much funding did Pure Cigs raise in its most recent funding round?
Pure Cigs raised $150K in its most recent funding round.
Who are the lead investors in Pure Cigs's latest funding round?
The lead investor in Pure Cigs'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 Pure Cigs's history?
The largest funding round in Pure Cigs's history was $150K.
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