How Much Did Hamel Associates Raise?
Funding & Key Investors

Hamel Associates has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established position and potential for future growth within the commercial plumbing sector.

The company's latest funding event, which occurred on May 3, 2020, was a debt financing round. While the specific details of the investors are not fully disclosed, the context of this capital infusion suggests a strategic move to bolster operations or expand market reach.

What is Hamel Associates?

Hamel Associates
RetailHome Improvement & Hardware RetailBusiness Services

Hamel Associates, Inc. operates as a dedicated manufacturers representative firm, specializing in the provision of plumbing products for a wide array of commercial building projects. Their expertise spans critical sectors including hospitals, universities, schools, correctional facilities, factories, office buildings, and large-scale venues like stadiums and arenas. The company is committed to delivering exceptional sales and technical support to wholesalers, contractors, and engineers within the commercial plumbing industry.

Based in the Minneapolis and St. Paul metropolitan area, Hamel Associates extends its services across Minnesota, North Dakota, South Dakota, and Western Wisconsin. Their business model is built upon a foundation of strong ethical practices, unwavering service dedication, and a commitment to offering high-quality products, positioning them as a key player in their regional market.

How much funding has Hamel Associates raised?

Hamel Associates has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Hamel Associates?

With a substantial total funding amount of $150K and a recent strategic investment of $150K, Hamel Associates is well-positioned for its next phase of development. The late-stage nature of this capital infusion suggests a focus on scaling operations, potentially through market expansion, enhanced product offerings, or strategic partnerships. The company's established track record in serving diverse commercial building projects indicates a strong foundation for leveraging this investment to further solidify its market leadership and pursue new growth opportunities within the plumbing industry.

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

Additional financial insights in the Retail industry

Convenience Stores, Gas Stations & Liquor StoresRetail
Grocery RetailRetailConvenience Stores, Gas Stations & Liquor Stores
Grocery RetailRetail
Office Products Retail & DistributionRetailBusiness ServicesSoftware Testing

Frequently Asked Questions Regarding Hamel Associates Financial Insights

What are the most recent funding rounds that Hamel Associates has completed, and what were the funding rounds?
Hamel Associates has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Hamel Associates has raised to date?
Hamel Associates has raised a total of $150K in funding to date.
How many funding rounds has Hamel Associates completed?
Hamel Associates has completed 1 funding rounds.
How much funding did Hamel Associates raise in its most recent funding round?
Hamel Associates raised $150K in its most recent funding round.
Who are the lead investors in Hamel Associates's latest funding round?
The lead investor in Hamel Associates'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 Hamel Associates's history?
The largest funding round in Hamel Associates's history was $150K.
See more information about Hamel Associates