How Much Did 763Tile Raise?
Funding & Key Investors

763Tile has successfully secured a significant capital injection, bringing its total funding to $29K. This latest round, which includes a $29K infusion, marks a pivotal moment for the Minnesota-based firm as it transitions into a more aggressive growth phase. By leveraging this substantial expansion capital, the company is well-positioned to scale its specialized installation services across the competitive Minneapolis-St. Paul residential and commercial markets.

What is 763Tile?

763Tile
ConstructionConstruction Management

Founded by Alex and Ted Lutterman, 763Tile has established itself as a premier provider of ceramic, porcelain, and natural stone installation services. With over two decades of operational expertise, the firm has carved out a distinct market position by prioritizing high-quality craftsmanship in complex applications such as custom showers, flooring, and outdoor patio surfaces. The company operates as a family-owned enterprise, balancing the personalized service of a local contractor with the technical rigor required for large-scale renovation projects. Their commitment to aesthetic precision and structural integrity has made them a trusted name in the regional home improvement sector.

How much funding has 763Tile raised?

763Tile has raised a total of $29K across 1 funding round:

2021

Debt

$29K

Debt (2021): $29K with participation from PPP

Key Investors in 763Tile

PPP

Public-Private Partnership

What's next for 763Tile?

With the recent influx of financing, 763Tile is expected to prioritize operational scaling and market penetration. The strategic deployment of these funds will likely focus on expanding the company's workforce, upgrading installation technology, and increasing its capacity to handle high-volume commercial contracts. As the firm moves beyond its initial development stage, the focus will shift toward optimizing supply chain efficiencies and enhancing its digital footprint to capture a larger share of the regional renovation market. This capital provides the necessary runway to solidify 763Tile's reputation as a leader in the specialized masonry and tile installation industry, ensuring long-term sustainability and competitive advantage in the Twin Cities area.

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Frequently Asked Questions Regarding 763Tile Financial Insights

What are the most recent funding rounds that 763Tile has completed, and what were the funding rounds?
763Tile has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding 763Tile has raised to date?
763Tile has raised a total of $29K in funding to date.
How many funding rounds has 763Tile completed?
763Tile has completed 1 funding rounds.
How much funding did 763Tile raise in its most recent funding round?
763Tile raised $29K in its most recent funding round.
Who are the lead investors in 763Tile's latest funding round?
The lead investor in 763Tile's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in 763Tile's history?
The largest funding round in 763Tile's history was $29K.
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