Tech Company Financing Transactions
Cady Bag Funding Round
Cady Bag, operating out of Pearson, received $5 million from Advantage Capital Partners.
Transaction Overview
Company Name
Announced On
6/30/2020
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Advantage Capital Partners (Timothy Perusek)
Proceeds Purpose
The investment will help the company weather the economic impact of COVID-19 and its aftereffects, preserve its current jobs, and support continued business and job growth.
Company Information
Company Status
Private & Independent
Industry
Advanced Materials
Mailing Address
41 Project Cir. P.O. Box 68
Pearson, GA 31642
USA
Pearson, GA 31642
USA
Phone
Website
Email Address
Overview
Cady Bag Company, LLC was established in 1957 by Earl Webb and Harry & Nell Cady. The initial business was the production of cotton and paper mesh bags for roadside citrus stands in Florida. With six employees and a station wagon to deliver bags, Cady Bag was off and running.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Douglas Smith
VP - Human Resources
Donald Prout
VP - Operations
Alonza Cady
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Prev: 6/30/2020: Prisma venture capital transaction
Next: 6/30/2020: Work Shield venture capital transaction
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We do our best to document every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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