How Much Did Abrasive Source Raise?
Funding & Key Investors

Abrasive Source, Inc., a manufacturer of industrial-grade coated abrasives, has secured $52K in total capital, with a recent infusion of $52K designated for substantial expansion. This financing round, contextualized within a significant Series B/C stage, underscores the company's trajectory in scaling its operations and market reach. The latest funding event occurred on February 19, 2021.

What is Abrasive Source?

Abrasive Source
ManufacturingIndustrial Machinery & Equipment

Abrasive Source, Inc. is a Russia, Ohio-based entity specializing in the production of high-quality industrial-grade coated abrasives. Leveraging premium materials and advanced manufacturing technologies, the company delivers durable products tailored for diverse sectors including welding, metalworking, auto body repair, glass fabrication, cabinetry, and woodworking. Abrasive Source offers an extensive catalog of both standard and custom-order abrasive products, complemented by essential accessories such as mandrels and pad holders. Their operational focus includes ensuring product availability and providing responsive customer service.

How much funding has Abrasive Source raised?

Abrasive Source has raised a total of $52K across 1 funding round:

2021

Debt

$52K

Debt (2021): $52K with participation from PPP

What's next for Abrasive Source?

With the recent influx of substantial expansion capital, Abrasive Source is poised for accelerated growth. The company's strategic positioning within the industrial supplies market, coupled with its commitment to quality and customer service, suggests a focus on enhancing production capacity, expanding distribution networks, and potentially exploring new product development. This investment will likely enable Abrasive Source to solidify its competitive advantage and capture greater market share in the demanding industrial abrasives sector.

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Frequently Asked Questions Regarding Abrasive Source Financial Insights

What are the most recent funding rounds that Abrasive Source has completed, and what were the funding rounds?
Abrasive Source has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding Abrasive Source has raised to date?
Abrasive Source has raised a total of $52K in funding to date.
How many funding rounds has Abrasive Source completed?
Abrasive Source has completed 1 funding rounds.
How much funding did Abrasive Source raise in its most recent funding round?
Abrasive Source raised $52K in its most recent funding round.
Who are the lead investors in Abrasive Source's latest funding round?
The lead investor in Abrasive Source'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 Abrasive Source's history?
The largest funding round in Abrasive Source's history was $52K.
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