How Much Did Stein Service & Supply Raise?
Funding & Key Investors

Stein Service & Supply has secured $392K in total capital, with its most recent financing round totaling $242K. This major strategic investment underscores the company's established position in the material handling sector. The company's funding history, primarily consisting of debt financing, indicates a focus on operational scaling and asset acquisition to support its growth trajectory.

What is Stein Service & Supply?

Stein Service & Supply
ManufacturingIndustrial Machinery & EquipmentArchitecture, Engineering & Design

Stein Service & Supply is a leading provider of warehouse equipment and material handling solutions across the Carolinas, specializing in pallet racking, industrial shelving, and comprehensive warehouse services. Since its inception in 1997, the company has cultivated strong client relationships by offering a diverse product catalog, including mezzanines, modular offices, and safety training. Their expertise extends to warehouse design, installation, and relocation, providing end-to-end support for businesses managing evolving storage and operational needs. Stein Service & Supply emphasizes American-made products, aiming to deliver efficient and reliable storage solutions while mitigating risks associated with global supply chain disruptions.

How much funding has Stein Service & Supply raised?

Stein Service & Supply has raised a total of $392K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$242K

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

Debt (2021): $242K led by PPP

What's next for Stein Service & Supply?

With a significant capital base and a strategic investment, Stein Service & Supply is poised for continued expansion within the material handling industry. The company's focus on domestic manufacturing and comprehensive service offerings positions it favorably to capitalize on the increasing demand for efficient warehouse infrastructure. Future growth is likely to involve further investment in product lines, service capabilities, and potentially geographic expansion, reinforcing its role as a key supplier of warehouse solutions. The company's late-stage funding context suggests a strategic phase focused on market consolidation and operational enhancement.

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Frequently Asked Questions Regarding Stein Service & Supply Financial Insights

What are the most recent funding rounds that Stein Service & Supply has completed, and what were the funding rounds?
Stein Service & Supply has recently completed 2 funding rounds: Debt on Feb 22, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Stein Service & Supply has raised to date?
Stein Service & Supply has raised a total of $392K in funding to date.
How many funding rounds has Stein Service & Supply completed?
Stein Service & Supply has completed 2 funding rounds.
How much funding did Stein Service & Supply raise in its most recent funding round?
Stein Service & Supply raised $242K in its most recent funding round.
Who are the lead investors in Stein Service & Supply's latest funding round?
The lead investor in Stein Service & 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 Stein Service & Supply's history?
The largest funding round in Stein Service & Supply's history was $242K.
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