How Much Did Singac Supply Raise?
Funding & Key Investors

Singac Supply has secured $341K in total capital, with its most recent financing round bringing in $191K in a major strategic investment. This significant backing underscores the company's established presence and ongoing operational capacity within its market sector.

What is Singac Supply?

Singac Supply
RetailHome Improvement & Hardware Retail

Singac Supply is a family-owned and operated business with a long-standing history in Northern New Jersey, serving customers since 1947. The company specializes in providing quality products and professional services for kitchen and bathroom design and renovations. Their showroom features a wide selection of fixtures, including sinks, shower heads, vanities, and baths, with a notable Master distributorship of Kohler Products. Singac Supply caters to both individual homeowners undertaking renovations and 'do-it-yourself' projects, as well as trade professionals requiring plumbing, heating, pipes, valves, fittings, and industrial supplies. They also offer water heater and boiler solutions, positioning themselves as a comprehensive resource for both residential and professional clients in the home improvement and trade sectors.

How much funding has Singac Supply raised?

Singac Supply has raised a total of $341K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$191K

Debt (2020): $150K with participation from PPP

Debt (2021): $191K led by PPP

Key Investors in Singac Supply

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Singac Supply?

The substantial capital infusion, particularly the recent strategic investment, suggests Singac Supply is poised for continued operational strength and potentially expansion of its service offerings or market reach. Given its history and focus on essential home improvement and trade supplies, this financing likely supports inventory management, showroom enhancements, or the scaling of its renovation consultation services. The company's deep roots in the community and its comprehensive product range indicate a strategy focused on solidifying its position as a go-to supplier for both consumers and professionals in the Northern New Jersey region.

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Frequently Asked Questions Regarding Singac Supply Financial Insights

What are the most recent funding rounds that Singac Supply has completed, and what were the funding rounds?
Singac Supply has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Singac Supply has raised to date?
Singac Supply has raised a total of $341K in funding to date.
How many funding rounds has Singac Supply completed?
Singac Supply has completed 2 funding rounds.
How much funding did Singac Supply raise in its most recent funding round?
Singac Supply raised $191K in its most recent funding round.
Who are the lead investors in Singac Supply's latest funding round?
The lead investor in Singac 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 Singac Supply's history?
The largest funding round in Singac Supply's history was $191K.
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