What is Wasting Arrows?
Wasting Arrows is a family-operated enterprise dedicated to promoting archery in Northern Nevada. Established in 2012, the company provides a venue for shooting, offers lessons, and sells archery equipment. The owners, Lystra and Deana Pitts, are certified Level 3 USA Archery Coaches and NFAA Advanced Archery Instructors, emphasizing their expertise in teaching archery to individuals of all skill levels, including hitting moving targets. Their mission is to make the exciting sport of archery accessible and enjoyable for everyone.
How much funding has Wasting Arrows raised?
Wasting Arrows has raised a total of $21K across 1 funding round:
Debt
$21K
Debt (2021): $21K with participation from PPP
What's next for Wasting Arrows?
The company's significant Series B/C stage funding context, coupled with recent substantial expansion capital, suggests a strategic phase of growth. This investment is likely earmarked for scaling operations, potentially expanding facilities, enhancing equipment offerings, or broadening their reach within Northern Nevada and possibly beyond. The focus on coaching and accessibility indicates a strategy to build a strong community around the sport, leveraging their expertise to capture a larger market share in the recreational and sporting goods sector.
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