Summit Information Resources Funding: How Much Did They Raise & Key Investors

How Much Did Summit Information Resources Raise?
Funding & Key Investors

Summit Information Resources has secured $906K in total capital, with its most recent financing round bringing in $556K. This major enterprise-level funding underscores the company's significant market presence and strategic importance within its sector. The recent strategic investment signals a pivotal moment for the Eagan, Minnesota-based firm, likely aimed at expanding its operational capacity and market reach in the competitive technology distribution landscape.

What is Summit Information Resources?

Summit Information Resources

Retail

Office Products Retail & Distribution

Ecommerce Platforms

Headquartered in Eagan, Minnesota, Summit Information Resources operates within the wholesale distribution sector, specializing in computers, computer peripheral equipment, and computer software. The company serves as a crucial intermediary, connecting manufacturers with retailers and other businesses that require technology hardware and software solutions. Its role in the supply chain is vital for ensuring the availability and accessibility of essential computing resources across various industries.

How much funding has Summit Information Resources raised?

Summit Information Resources has raised a total of $906K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$556K

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

Debt (2021): $556K led by PPP

What's next for Summit Information Resources?

With the recent major strategic investment, Summit Information Resources is poised for accelerated growth and enhanced market penetration. The infusion of capital is expected to fuel initiatives such as expanding product lines, optimizing logistics, and potentially exploring new distribution channels or partnerships. This strategic backing suggests a focus on solidifying its position as a key player in the wholesale technology distribution market, adapting to evolving industry demands and technological advancements.

See full Summit Information Resources company page

See More Financial Insights

No matching results.
Refine your search.

Additional financial insights in the Retail industry

Refreshment-solutions

Grocery Retail

Retail

Consumer Services

Photography Studio

Marvin Bochner

Home Improvement & Hardware Retail

Retail

Certified Auto

Automobile Dealers

Retail

Tracer Electronics

Office Products Retail & Distribution

Retail

Consumer Services

Other Rental Stores (Furniture, A/V, Construction & Industrial Equipment)

Repair Services

Frequently Asked Questions Regarding Summit Information Resources Financial Insights

What are the most recent funding rounds that Summit Information Resources has completed, and what were the funding rounds?

Summit Information Resources has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 5, 2020.

What is the total amount of funding Summit Information Resources has raised to date?

Summit Information Resources has raised a total of $906K in funding to date.

How many funding rounds has Summit Information Resources completed?

Summit Information Resources has completed 2 funding rounds.

How much funding did Summit Information Resources raise in its most recent funding round?

Summit Information Resources raised $556K in its most recent funding round.

Who are the lead investors in Summit Information Resources's latest funding round?

The lead investor in Summit Information Resources'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 Summit Information Resources's history?

The largest funding round in Summit Information Resources's history was $556K.

See more information about Summit Information Resources