How Much Did Range Raise?
Funding & Key Investors

Range, a premier indoor shooting facility and full-service firearms dealer based in Jackson, Tennessee, has successfully secured a significant capital injection to bolster its operational footprint. This latest financing round, which totals $85K, underscores the company's robust market position and its commitment to scaling its specialized infrastructure. With a cumulative financial backing of $85K, the organization is well-positioned to enhance its service offerings and solidify its status as a regional leader in the firearms and marksmanship training sector.

What is Range?

Range
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Range operates as a comprehensive hub for both novice and experienced marksmen, providing a secure, climate-controlled environment that distinguishes it from traditional outdoor alternatives. The facility serves as a critical nexus for the local firearms community, offering a diverse inventory of handguns, rifles, and NFA-regulated items. Beyond retail, the company distinguishes itself through a sophisticated pedagogical approach, delivering professional courses that span from fundamental safety protocols to advanced tactical marksmanship. By integrating state-of-the-art shooting lanes with high-level training programs and competitive match hosting, Range has effectively captured a loyal customer base, establishing a defensible moat in the regional recreational shooting market.

How much funding has Range raised?

Range has raised a total of $85K across 1 funding round:

2021

Debt

$85K

Debt (2021): $85K with participation from PPP

Key Investors in Range

PPP

Public-Private Partnership

What's next for Range?

With the infusion of this substantial expansion capital, Range is poised to accelerate its strategic growth initiatives. The company is expected to prioritize the modernization of its 10 climate-controlled lanes and the potential expansion of its retail inventory to meet rising demand. Furthermore, the leadership team will likely focus on scaling its professional training curriculum, potentially introducing new certification tiers to attract a broader demographic of enthusiasts. As the company transitions through this significant Series B/C stage, the focus remains on operational excellence and maintaining the high safety standards that have become synonymous with the Range brand. Future developments will likely involve leveraging this investment to optimize facility throughput and enhance the overall customer experience, ensuring long-term sustainability in a competitive niche market.

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Frequently Asked Questions Regarding Range Financial Insights

What are the most recent funding rounds that Range has completed, and what were the funding rounds?
Range has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Range has raised to date?
Range has raised a total of $85K in funding to date.
How many funding rounds has Range completed?
Range has completed 1 funding rounds.
How much funding did Range raise in its most recent funding round?
Range raised $85K in its most recent funding round.
Who are the lead investors in Range's latest funding round?
The lead investor in Range'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 Range's history?
The largest funding round in Range's history was $85K.
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