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Venture Capital News: The Pro's Closet Secures $12M in Funding

2020-09-14
BOULDER, CO, The Pro's Closet raised $12M in strategic funding.
According to FINSMES, The Pro's Closet raised $12M in strategic funding.The round was led by Foundry Group and Edison Partners with participation from Ridgeline Ventures and existing private investors. Pro's Closet intends to continue to expand operations and its business reach with this fund. TPC will move its headquarters and operations to a 137,000 square foot facility in Louisville, CO to scale its expansion.

The Pro's Closet (TPC) has grown to be the world's largest and most trusted resource for quality pre-owned cycling gear. While our business model has evolved over the years, our commitment to our customers, cycling community, industry, and planet continues to motivate us to deliver the best possible retail experience. An experience that provides access to the highest quality, largest, and most diverse selection of pre-owned cycling inventory, all backed by our guarantee. Whether you're just starting the sport, a serial tinkerer looking for upgrades, or a seasoned vet in need of a race weapon, TPC is for all of us who love to ride.
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