How Much Did Speedy Distribution Raise?
Funding & Key Investors

Speedy Distribution has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established presence in the wholesale and distribution sector for smoking products and accessories.

What is Speedy Distribution?

Speedy Distribution
RetailConvenience Stores, Gas Stations & Liquor Stores

Speedy Distribution operates as a comprehensive wholesaler and distributor, offering an extensive catalog of thousands of smoking products and accessories. The company boasts two substantial 10,000 sq. foot warehouses, positioning its South Florida location as a premier cash-and-carry destination. Known for stocking the latest inventory at competitive prices, Speedy Distribution aims to be a one-stop shop for smoke shop needs, facilitating efficient procurement for its clientele.

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

What's next for Speedy Distribution?

The company's recent major strategic investment, within the context of large-scale late-stage funding, suggests a focus on scaling operations, expanding market reach, or potentially enhancing its distribution network. This capital infusion is likely to fuel further growth and solidify Speedy Distribution's competitive advantage in the dynamic smoking products market. Future developments may include broader inventory diversification and optimized logistics to meet increasing demand.

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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.
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