How Much Did Sparetime Supply Raise?
Funding & Key Investors

Sparetime Supply has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's established presence and strategic importance within its market. The company's funding history, including a notable debt financing round in April 2020, indicates a trajectory of sustained operational support and growth.

What is Sparetime Supply?

Sparetime Supply
RetailHome Improvement & Hardware Retail

Founded in 1983 as a family-owned business in Willits, CA, Sparetime Supply has cultivated a reputation for delivering small-town customer service to the wholesale garden industry. The company's long-standing relationship with FoxFarm has been instrumental in achieving its goal of fostering community and providing exceptional service. Sparetime Supply's strategic alignment with FoxFarm as a distribution partner is a key element of its ongoing expansion and commitment to serving its customer base effectively. The company's industry has experienced significant consolidation, making Sparetime Supply's focus on independent distribution and retailer support a distinguishing factor.

How much funding has Sparetime Supply raised?

Sparetime Supply has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Sparetime Supply?

The recent major strategic investment signals a new phase of growth and development for Sparetime Supply. This capital infusion is likely to bolster the company's distribution capabilities, enhance its product offerings, and potentially expand its market reach. The company's emphasis on maintaining its core values of community and customer service while navigating industry shifts suggests a forward-looking strategy focused on sustainable expansion and strengthening its partnerships within the wholesale garden sector. Future initiatives may involve leveraging this investment to further solidify its position as a preferred distributor.

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Frequently Asked Questions Regarding Sparetime Supply Financial Insights

What are the most recent funding rounds that Sparetime Supply has completed, and what were the funding rounds?
Sparetime Supply has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Sparetime Supply has raised to date?
Sparetime Supply has raised a total of $1M in funding to date.
How many funding rounds has Sparetime Supply completed?
Sparetime Supply has completed 1 funding rounds.
How much funding did Sparetime Supply raise in its most recent funding round?
Sparetime Supply raised $1M in its most recent funding round.
Who are the lead investors in Sparetime Supply's latest funding round?
The lead investor in Sparetime 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 Sparetime Supply's history?
The largest funding round in Sparetime Supply's history was $1M.
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