What is Range 129?
Based in New Jersey, Range 129 operates as a comprehensive hub for shooting sports, integrating a high-end retail firearms showroom with a dedicated archery pro shop. The company distinguishes itself through a multifaceted service model that encompasses professional training instruction, ranging from foundational handgun safety courses to advanced private archery coaching. Beyond its educational offerings, the firm provides essential logistical support for enthusiasts, including FFL transfer services and guidance through the complex regulatory framework for firearms permits in New Jersey. This holistic approach positions Range 129 as a primary destination for both novice participants and seasoned marksmen seeking a secure, professional environment for skill development and equipment procurement.
How much funding has Range 129 raised?
Range 129 has raised a total of $300K across 2 funding rounds:
Debt
$150K
Debt
$150K
Debt (2020): $150K with participation from PPP
Debt (2021): $150K led by PPP
Key Investors in Range 129
PPP
Public-Private Partnership
What's next for Range 129?
With the successful acquisition of this latest capital, Range 129 is well-positioned to scale its operational infrastructure and enhance its service delivery capabilities. The strategic focus will likely shift toward optimizing facility throughput and expanding the breadth of its training curriculum to meet growing regional demand. As the company navigates the complexities of the shooting sports industry, the recent debt financing provides the necessary liquidity to sustain long-term growth initiatives and maintain its status as a premier training facility. Future developments will likely center on technological upgrades to the range environment and potential expansion of its retail inventory to capture a larger share of the local market.
See full Range 129 company page
