How Much Did Record Building Supply Raise?
Funding & Key Investors

Record Building Supply has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total cumulative financing reaching $110K, the firm continues to solidify its market presence through a recent strategic investment of $110K. This infusion of liquidity underscores the company's robust position within the building materials sector and its capacity to leverage debt instruments for sustained growth and infrastructure expansion.

What is Record Building Supply?

Record Building Supply
RetailHome Improvement & Hardware Retail

Record Building Supply operates as a comprehensive hub for construction materials, serving a dual-client base of professional contractors and DIY enthusiasts. The company maintains a diverse inventory ranging from structural lumber and masonry supplies to specialized tools and paint. By integrating logistical support, such as a 45-50 mile delivery radius and custom order fulfillment, the firm has established itself as a critical node in the regional construction supply chain. Its commitment to localized service models allows it to maintain high customer retention rates while navigating the complexities of the modern building materials market.

How much funding has Record Building Supply raised?

Record Building Supply has raised a total of $110K across 1 funding round:

2021

Debt

$110K

Debt (2021): $110K with participation from PPP

Key Investors in Record Building Supply

PPP

Public-Private Partnership

What's next for Record Building Supply?

Following this late-stage financing, Record Building Supply is well-positioned to optimize its supply chain logistics and potentially expand its service footprint. The strategic allocation of these funds will likely focus on enhancing inventory turnover efficiency and upgrading delivery infrastructure to meet the increasing demands of professional contractors. As the company moves into this next phase of development, the focus will remain on scaling operations while maintaining the hometown service ethos that has defined its brand. Future growth will be predicated on the firm's ability to integrate digital procurement tools with its existing physical distribution network, ensuring long-term competitiveness in a capital-intensive industry.

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Frequently Asked Questions Regarding Record Building Supply Financial Insights

What are the most recent funding rounds that Record Building Supply has completed, and what were the funding rounds?
Record Building Supply has recently completed 1 funding rounds: Debt on Feb 9, 2021.
What is the total amount of funding Record Building Supply has raised to date?
Record Building Supply has raised a total of $110K in funding to date.
How many funding rounds has Record Building Supply completed?
Record Building Supply has completed 1 funding rounds.
How much funding did Record Building Supply raise in its most recent funding round?
Record Building Supply raised $110K in its most recent funding round.
Who are the lead investors in Record Building Supply's latest funding round?
The lead investor in Record Building 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 Record Building Supply's history?
The largest funding round in Record Building Supply's history was $110K.
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