What is City Supply?
City Supply Corp, founded in 1952 and headquartered in Des Moines, Iowa, is a prominent provider of plumbing and mechanical supplies. The company primarily serves commercial and industrial sectors, catering to mechanical contractors, large plumbing contractors, and service contractors. Operating from a substantial 103,000 square foot facility, City Supply Corp maintains a significant inventory to meet client demands across Central Iowa. As a locally owned entity, it is also affiliated with the American Supply Association.
How much funding has City Supply raised?
City Supply has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for City Supply?
The 'large-scale late-stage funding' context suggests City Supply is in a mature phase of its business lifecycle, likely focusing on operational expansion, market penetration, or strategic acquisitions. The recent debt financing indicates a stable financial footing and confidence from lenders in the company's ability to manage its obligations, potentially supporting further growth initiatives or capital expenditures to maintain its competitive edge in the plumbing and mechanical supplies market.
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