How Much Did Reeder Distributors Raise?
Funding & Key Investors

Reeder Distributors has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and strategic importance within its market.

What is Reeder Distributors?

Reeder Distributors
Energy, Utilities & WasteElectricity, Oil & GasConvenience Stores, Gas Stations & Liquor Stores

Reeder Distributors, Inc. is a Christian-owned wholesale petroleum products distribution company operating in the Dallas/Fort Worth and North Texas regions. Established in 1973 by Gary Reeder, the family-run business has grown to become one of the largest independent distributors of fuel, lubricants, and shop equipment. The company emphasizes safety, customer service, and ethical performance, aiming to build loyal, long-term relationships with customers, vendors, and employees. Its operational philosophy is rooted in unifying and encouraging its workforce to achieve their best, with a core desire to glorify God through its business endeavors.

How much funding has Reeder Distributors raised?

Reeder Distributors has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for Reeder Distributors?

The recent major strategic investment suggests Reeder Distributors is poised for significant expansion or operational enhancement. Given its history and market position, this capital infusion is likely to fuel initiatives aimed at solidifying its leadership in the North Texas petroleum distribution sector. Future growth may involve expanding service areas, upgrading logistical capabilities, or diversifying product offerings to meet evolving market demands. The company's commitment to ethical practices and long-term relationships indicates a strategic approach to sustainable growth and market dominance.

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Frequently Asked Questions Regarding Reeder Distributors Financial Insights

What are the most recent funding rounds that Reeder Distributors has completed, and what were the funding rounds?
Reeder Distributors has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Reeder Distributors has raised to date?
Reeder Distributors has raised a total of $1M in funding to date.
How many funding rounds has Reeder Distributors completed?
Reeder Distributors has completed 1 funding rounds.
How much funding did Reeder Distributors raise in its most recent funding round?
Reeder Distributors raised $1M in its most recent funding round.
Who are the lead investors in Reeder Distributors's latest funding round?
The lead investor in Reeder Distributors'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 Reeder Distributors's history?
The largest funding round in Reeder Distributors's history was $1M.
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