The Pro’s Closet receives $40M in funding

May 26, 2021

The additional $40 million in Series B funding that will be used by the used bike and component retailer to grow its workforce, develop new technological customer solutions, and possibly expand into new regions. It is considering options to establish a presence outside Colorado, but did not provide specifics. This is TPC’s largest round of funding. Last September, it raised $12 million and in December 2019 raised $4.5 million. Bicycle Retailer