How Much Did Speedy Distribution Raise?
Funding & Key Investors

Speedy Distribution has secured $150K in total capital, with a recent strategic investment of $150K announced on May 6, 2020. This significant backing positions the company for its next phase of growth in the wholesale and distribution sector.

What is Speedy Distribution?

Speedy Distribution
RetailConvenience Stores, Gas Stations & Liquor Stores

Speedy Distribution operates as a prominent wholesaler and distributor, offering an extensive catalog of thousands of smoking products and accessories. The company boasts two large 10,000 sq. foot warehouses, establishing one of South Florida's most substantial cash-and-carry locations. Speedy Distribution prioritizes stocking the latest inventory and continuously adds new items daily, all while maintaining competitive pricing, aiming to be a comprehensive, one-stop shop for smoke shop needs.

How much funding has Speedy Distribution raised?

Speedy Distribution has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Speedy Distribution

PPP

Public-Private Partnership

What's next for Speedy Distribution?

The recent major strategic investment indicates a strong confidence in Speedy Distribution's market position and future potential. As a large-scale, late-stage funding event, this capital infusion is likely earmarked for expanding operational capacity, enhancing distribution networks, and potentially diversifying product offerings. This strategic financing will empower Speedy Distribution to further solidify its competitive edge and pursue new market opportunities within the smoking products and accessories industry.

See full Speedy Distribution company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Retail industry

Apparel & Accessories RetailRetailEducationTraining
Automobile Parts StoresRetailAutomotive PartsManufacturing
Flowers, Gifts & Specialty StoresRetailEducationTraining
Home Improvement & Hardware RetailRetailAdvertising NetworksBusiness Services

Frequently Asked Questions Regarding Speedy Distribution Financial Insights

What are the most recent funding rounds that Speedy Distribution has completed, and what were the funding rounds?
Speedy Distribution has recently completed 1 funding rounds: Debt on May 6, 2020.
What is the total amount of funding Speedy Distribution has raised to date?
Speedy Distribution has raised a total of $150K in funding to date.
How many funding rounds has Speedy Distribution completed?
Speedy Distribution has completed 1 funding rounds.
How much funding did Speedy Distribution raise in its most recent funding round?
Speedy Distribution raised $150K in its most recent funding round.
Who are the lead investors in Speedy Distribution's latest funding round?
The lead investor in Speedy Distribution'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 Speedy Distribution's history?
The largest funding round in Speedy Distribution's history was $150K.
See more information about Speedy Distribution