How Much Did Simon's Hardware & Bath Raise?
Funding & Key Investors

Simon's Hardware & Bath has solidified its position as a cornerstone of the New York metropolitan retail landscape, recently securing a major strategic investment to bolster its operational capacity. With a cumulative capital infusion reaching $1.2M, the firm continues to leverage its historical prestige to navigate modern market demands. The most recent financing round, totaling $834K, underscores the company's ongoing commitment to scaling its specialized plumbing and hardware offerings while maintaining the service excellence that has defined its century-long tenure in New York City and Long Island City.

What is Simon's Hardware & Bath?

Simon's Hardware & Bath
RetailHome Improvement & Hardware Retail

Operating as a premier specialty retailer, Simon's Hardware & Bath distinguishes itself through a curated inventory of high-end design products and deep technical expertise. The company serves a sophisticated clientele, bridging the gap between traditional hardware utility and modern architectural design. By prioritizing product knowledge and a high-touch service model, the firm has successfully defended its market share against broader retail competitors. Its organizational culture emphasizes professional dedication and results-oriented performance, ensuring that every team member contributes to the firm's reputation for quality and reliability in a highly competitive urban environment.

How much funding has Simon's Hardware & Bath raised?

Simon's Hardware & Bath has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$834K

Debt (2020): $350K with participation from PPP

Debt (2021): $834K led by PPP

Key Investors in Simon's Hardware & Bath

PPP

Public-Private Partnership

What's next for Simon's Hardware & Bath?

Looking ahead, the infusion of capital positions Simon's Hardware & Bath to optimize its supply chain and potentially expand its footprint within the competitive New York retail sector. As the company transitions into this next phase of growth, the focus remains on integrating digital efficiencies with its established brick-and-mortar excellence. By investing in talent acquisition and operational infrastructure, the firm is well-equipped to sustain its long-term trajectory, ensuring that its legacy of design and service continues to resonate with both residential and commercial clients across the region.

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Frequently Asked Questions Regarding Simon's Hardware & Bath Financial Insights

What are the most recent funding rounds that Simon's Hardware & Bath has completed, and what were the funding rounds?
Simon's Hardware & Bath has recently completed 2 funding rounds: Debt on Mar 17, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Simon's Hardware & Bath has raised to date?
Simon's Hardware & Bath has raised a total of $1.2M in funding to date.
How many funding rounds has Simon's Hardware & Bath completed?
Simon's Hardware & Bath has completed 2 funding rounds.
How much funding did Simon's Hardware & Bath raise in its most recent funding round?
Simon's Hardware & Bath raised $834K in its most recent funding round.
Who are the lead investors in Simon's Hardware & Bath's latest funding round?
The lead investor in Simon's Hardware & Bath'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 Simon's Hardware & Bath's history?
The largest funding round in Simon's Hardware & Bath's history was $834K.
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