How Much Did Mobile Destination Raise?
Funding & Key Investors

Mobile Destination has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment. This significant backing positions the company for its next phase of growth.

What is Mobile Destination?

Mobile Destination
RetailEcommerce Platforms

Mobile Destination operates as a premium retailer for Verizon, boasting 36 locations across Texas, Oklahoma, and Arkansas. The company specializes in offering a comprehensive range of wireless devices, including the latest phones, tablets, mobile broadband solutions, wearable technology, and accessories, complemented by product insurance. Their commitment to delivering 5-star service is a cornerstone of their customer engagement strategy. Mobile Destination leverages Verizon's network, which has been recognized by RootMetrics® as the #1 network in the United States for overall performance, reliability, and data speed, an achievement that underscores the quality of the services they provide.

How much funding has Mobile Destination raised?

Mobile Destination has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Mobile Destination

PPP

Public-Private Partnership

What's next for Mobile Destination?

With a large-scale, late-stage funding context, Mobile Destination is likely poised for significant expansion and operational enhancement. The recent strategic investment suggests a focus on solidifying its market position and potentially exploring new service offerings or geographic reach. This capital infusion will be critical for scaling its retail footprint, enhancing its technological infrastructure, and continuing to deliver high-quality wireless solutions and customer service in a competitive market. The company's trajectory indicates a strong emphasis on leveraging its partnership with Verizon to drive future success.

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Frequently Asked Questions Regarding Mobile Destination Financial Insights

What are the most recent funding rounds that Mobile Destination has completed, and what were the funding rounds?
Mobile Destination has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Mobile Destination has raised to date?
Mobile Destination has raised a total of $350K in funding to date.
How many funding rounds has Mobile Destination completed?
Mobile Destination has completed 1 funding rounds.
How much funding did Mobile Destination raise in its most recent funding round?
Mobile Destination raised $350K in its most recent funding round.
Who are the lead investors in Mobile Destination's latest funding round?
The lead investor in Mobile Destination'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 Mobile Destination's history?
The largest funding round in Mobile Destination's history was $350K.
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