How Much Did Select Fasteners Raise?
Funding & Key Investors

Select Fasteners has secured $60K in total capital, with a recent infusion of $60K designated as substantial expansion capital. This latest financing round, occurring around February 13, 2021, signifies a pivotal moment for the company, likely aligning with its significant Series B/C stage of growth. The investment underscores the market's confidence in Select Fasteners' business model and its capacity for scaling operations.

What is Select Fasteners?

Select Fasteners
RetailHome Improvement & Hardware Retail

Select Fasteners operates within the industrial supply sector, specializing in the provision of a comprehensive array of fasteners. The company differentiates itself through a commitment to personalized client service, leveraging dedicated account managers and a skilled staff to ensure operational efficiency for its customers. Key objectives include maximizing client uptime and minimizing operational costs, supported by robust expertise in product troubleshooting and the identification of alternative solutions. This strategic focus positions Select Fasteners as a critical partner for businesses reliant on consistent and reliable fastener supply chains.

How much funding has Select Fasteners raised?

Select Fasteners has raised a total of $60K across 1 funding round:

2021

Debt

$60K

Debt (2021): $60K with participation from PPP

Key Investors in Select Fasteners

PPP

Public-Private Partnership

What's next for Select Fasteners?

With the recent influx of expansion capital, Select Fasteners is poised for significant operational scaling and market penetration. The company's strategic direction will likely involve enhancing its service infrastructure, potentially expanding its product catalog, and broadening its client base. Further investment may also target technological advancements to streamline supply chain management and customer support, reinforcing its competitive edge in a dynamic industrial market. The company's ability to problem-solve and offer tailored solutions will be crucial in capitalizing on this growth phase.

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Frequently Asked Questions Regarding Select Fasteners Financial Insights

What are the most recent funding rounds that Select Fasteners has completed, and what were the funding rounds?
Select Fasteners has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding Select Fasteners has raised to date?
Select Fasteners has raised a total of $60K in funding to date.
How many funding rounds has Select Fasteners completed?
Select Fasteners has completed 1 funding rounds.
How much funding did Select Fasteners raise in its most recent funding round?
Select Fasteners raised $60K in its most recent funding round.
Who are the lead investors in Select Fasteners's latest funding round?
The lead investor in Select Fasteners'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 Select Fasteners's history?
The largest funding round in Select Fasteners's history was $60K.
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