How Much Did Summit Import Raise?
Funding & Key Investors

Summit Import has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment on April 28, 2020. This significant backing underscores the company's established position in the market and its ongoing growth trajectory.

What is Summit Import?

Summit Import
RetailGrocery RetailFreight & Logistics Services

Established in 1955, Summit Import Corporation stands as one of the largest Asian food import distributors along the East Coast of the U.S.A. The company provides a comprehensive selection of dry, refrigerated, and frozen food products, serving a diverse clientele that includes supermarkets, wholesale distributors, and industrial customers. Summit Import's core mission is to effectively connect producers with the market, consistently meeting the expectations of its stakeholders. Their strategic focus on expansion and resource management aims to bolster existing product lines and uncover new market avenues.

How much funding has Summit Import raised?

Summit Import has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Summit Import?

With a history of substantial capital infusion, Summit Import is well-positioned for continued expansion and market penetration. The recent strategic investment signals confidence from backers in the company's operational model and future prospects. This capital will likely fuel initiatives aimed at enhancing supply chain efficiencies, broadening product offerings, and potentially exploring new geographic markets. The company's long-standing presence and diversified customer base provide a solid foundation for leveraging this latest round of financing to achieve its ambitious growth objectives.

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Frequently Asked Questions Regarding Summit Import Financial Insights

What are the most recent funding rounds that Summit Import has completed, and what were the funding rounds?
Summit Import has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Summit Import has raised to date?
Summit Import has raised a total of $350K in funding to date.
How many funding rounds has Summit Import completed?
Summit Import has completed 1 funding rounds.
How much funding did Summit Import raise in its most recent funding round?
Summit Import raised $350K in its most recent funding round.
Who are the lead investors in Summit Import's latest funding round?
The lead investor in Summit Import'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 Summit Import's history?
The largest funding round in Summit Import's history was $350K.
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