What is Cusumano & Sons?
Cusumano & Sons, Inc. is a fourth-generation regional wholesale produce distributor that has been operating since 1904. The company serves a one-hundred-mile radius around Mt. Vernon, Illinois, specializing in the distribution of high-quality produce. They receive daily truckload shipments from major growing regions across North and South America, utilizing their own fleet of refrigerated trucks for distribution. Their business model focuses on providing superior service and fair pricing to clients requiring wholesale produce supplies.
How much funding has Cusumano & Sons raised?
Cusumano & Sons has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Cusumano & Sons
PPP
Public-Private Partnership
What's next for Cusumano & Sons?
The recent strategic investment signifies a pivotal moment for Cusumano & Sons, indicating a phase of significant growth or operational enhancement. As a company with a long-standing history and a robust distribution network, this capital is likely to be deployed towards expanding market reach, modernizing logistics, or strengthening supply chain capabilities. The large-scale, late-stage funding context suggests a focus on solidifying its competitive advantage and potentially exploring new market segments or service offerings within the food distribution sector.
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