The Pro’s Closet lands $2.5M investment to fuel national expansion

BOULDER — The Pro’s Closet LLC — a 9-year-old Boulder business that touts itself as the largest used-bike store in the world — has raised $2.5 million in new equity funding as the company looks to expand its physical footprint nationally.

Range Light LLC, an investment firm with offices in Chicago and Boulder, was the sole investor, purchasing a minority stake in the company.

The Pro’s Closet founder Nick Martin said Thursday that the funds will be used largely build out the customer software needed to scale the business, which handles 100 percent of its sales online.

Over the past eight months, The…