Tech Company Financing Transactions
Belk Funding Round
Pathlight Capital and Wells Fargo & Co. participated in a $1.3 million capital raise for Belk. The round closed on 10/20/2026.
Transaction Overview
Company Name
Announced On
10/20/2026
Transaction Type
Debt
Amount
$1,275,000
Round
Undisclosed
Investors
Wells Fargo & Co. (Keith Vercauteren)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
ECommerce
Mailing Address
2801 West Tyvola Road
Charlotte, NC 28217
USA
Charlotte, NC 28217
USA
Phone
Website
Email Address
Overview
Charlotte-based Belk, Inc., a privately-owned department store, began when William Henry Belk opened his first store in 1888 with his brother, Dr. John Belk, joining as a partner. What started as two brothers in business has now grown into a legacy of selling great products at great prices, treating customers like family, and giving back to the community. Throughout the years, we've changed and grown in so many ways. We've added exciting products, adapted the way we work, and made it easier to shop with new technology and services. Today, Belk serves customers at nearly 300 Belk stores in 16 Southeastern states, at belk.com, and through the mobile app.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Don Hendricks
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