How Much Did Summit Supply Raise?
Funding & Key Investors

Summit Supply has successfully secured a major strategic investment, marking a significant milestone in its long-standing operational history. This latest capital injection, totaling $150K, reinforces the company's robust market position within the competitive foodservice and hospitality supply sectors. With a cumulative financial backing of $150K, the organization is well-positioned to leverage its established infrastructure to meet the evolving demands of its regional client base across Maine, Massachusetts, and New Hampshire.

What is Summit Supply?

Summit Supply
RetailOffice Products Retail & DistributionBusiness Services

Established in 1980, Summit Supply has evolved into a critical service provider for the restaurant and hospitality industries. The company distinguishes itself through a dual-pronged business model that integrates high-quality cleaning and sanitizing product distribution with specialized technical support, including expert dishmachine repair. By maintaining a local warehouse and a dedicated team of technicians, Summit Supply ensures rapid deployment of essential supplies. Recently, the firm has expanded its value proposition by offering comprehensive sanitization programs, including touch-free dispenser installations, which address the heightened focus on public health and safety standards in commercial environments.

How much funding has Summit Supply raised?

Summit Supply has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Summit Supply

PPP

Public-Private Partnership

What's next for Summit Supply?

With this late-stage funding, Summit Supply is poised to accelerate its strategic growth initiatives. The capital will likely be deployed to optimize supply chain logistics and expand the reach of its specialized hygiene programs. As the company continues to serve its base of nearly 1,000 customers, the focus will shift toward scaling its touch-free technology offerings and enhancing service efficiency. By capitalizing on its deep-rooted industry expertise and reliable service record, Summit Supply is set to solidify its role as a primary partner for businesses prioritizing operational safety and facility maintenance in the Northeast corridor.

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Frequently Asked Questions Regarding Summit Supply Financial Insights

What are the most recent funding rounds that Summit Supply has completed, and what were the funding rounds?
Summit Supply has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Summit Supply has raised to date?
Summit Supply has raised a total of $150K in funding to date.
How many funding rounds has Summit Supply completed?
Summit Supply has completed 1 funding rounds.
How much funding did Summit Supply raise in its most recent funding round?
Summit Supply raised $150K in its most recent funding round.
Who are the lead investors in Summit Supply's latest funding round?
The lead investor in Summit 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 Summit Supply's history?
The largest funding round in Summit Supply's history was $150K.
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