How Much Did Sunlite Raise?
Funding & Key Investors

Sunlite, a long-standing supplier in the wholesale lighting industry, has secured $1M in total capital, with a recent major strategic investment of $1M. This significant financing underscores the company's established presence and strategic growth initiatives within the competitive lighting sector.

The company's recent funding activity, dated April 14, 2020, involved a substantial debt financing round, indicating a strategic move to bolster its operational capacity or expand its market reach.

What is Sunlite?

Sunlite
RetailHome Improvement & Hardware RetailElectronics

For over four decades, Sunlite, operating under Sunshine Lighting, has been a key distributor of bulbs to the wholesale lighting market across the continental United States. The company offers a comprehensive selection of major brands alongside its own reputable 'Sunlite' brand, which it began manufacturing in 2001. The Sunlite product line is extensive, encompassing compact fluorescent, linear fluorescent, incandescent, HID, metal halide, halogen, decorative, miniature, specialty, stage-studio lamps, and a recently introduced range of LED lamps. Beyond bulbs, Sunlite also provides a full suite of indoor, outdoor, and commercial lighting fixtures. The company emphasizes quality and integrity, supported by a 100,000 square foot automated warehouse with an advanced pick, pack, and ship system, ensuring efficient fulfillment for its wholesale clientele.

How much funding has Sunlite raised?

Sunlite has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Sunlite

PPP

Public-Private Partnership

What's next for Sunlite?

The infusion of $1M in enterprise-level capital, highlighted by a recent major strategic investment, positions Sunlite for significant expansion and innovation. This substantial backing suggests a strategic focus on scaling operations, potentially through enhanced manufacturing capabilities for its Sunlite brand, expanding its LED offerings, or broadening its distribution network. The company's commitment to quality and its robust infrastructure provide a solid foundation for leveraging this new financing to solidify its market leadership and explore new opportunities in the evolving lighting industry, particularly in energy-efficient solutions like LED technology.

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

Additional financial insights in the Retail industry

Home Improvement & Hardware RetailRetailConstructionConstruction Management
Automobile DealersRetailAutomotive Service & Collision RepairConsumer ServicesAutomobile Parts Stores
Flowers, Gifts & Specialty StoresRetail
Home Improvement & Hardware RetailRetailAuctions

Frequently Asked Questions Regarding Sunlite Financial Insights

What are the most recent funding rounds that Sunlite has completed, and what were the funding rounds?
Sunlite has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Sunlite has raised to date?
Sunlite has raised a total of $1M in funding to date.
How many funding rounds has Sunlite completed?
Sunlite has completed 1 funding rounds.
How much funding did Sunlite raise in its most recent funding round?
Sunlite raised $1M in its most recent funding round.
Who are the lead investors in Sunlite's latest funding round?
The lead investor in Sunlite'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 Sunlite's history?
The largest funding round in Sunlite's history was $1M.
See more information about Sunlite