How Much Did Advanced Cabinets Raise?
Funding & Key Investors

Advanced Cabinets has secured $70K in total financing, with a recent capital infusion of $70K designated for substantial expansion. This strategic investment underscores the company's significant Series B/C stage of growth, positioning it for accelerated development in the custom cabinetry and millwork sector.

The company's latest funding round, which occurred on January 21, 2021, was a debt financing of $70M from PPP, signaling a period of robust financial activity aimed at enhancing operational capacity and market reach.

What is Advanced Cabinets?

Advanced Cabinets
ManufacturingFurnitureConstruction Management

Advanced Cabinets specializes in providing high-quality custom cabinetry and millwork solutions for a diverse range of projects. Their extensive portfolio includes work on educational institutions, residential condominiums, medical facilities, retail spaces, and religious buildings, demonstrating a broad capability and deep experience. The company emphasizes its commitment to precision and efficiency, evidenced by the integration of state-of-the-art equipment such as a CNC-based dowel inserter and a fully automated edgebander. This technological adoption ensures compliance with Architectural Woodwork Institute (AWI) standards and enhances production accuracy and speed. Key completed projects include significant upgrades and remodels for West Jordan High School, West Valley Elementary School, and Salt Lake County Adult Detention, highlighting their capacity for large-scale commercial and institutional work.

How much funding has Advanced Cabinets raised?

Advanced Cabinets has raised a total of $70K across 1 funding round:

2021

Debt

$70K

Debt (2021): $70K with participation from PPP

Key Investors in Advanced Cabinets

PPP

Public-Private Partnership

What's next for Advanced Cabinets?

With the recent substantial expansion capital, Advanced Cabinets is poised for significant operational scaling and market penetration. The company's strategic focus on incorporating advanced manufacturing technology, coupled with its proven track record across various demanding sectors, suggests a trajectory towards increased market share and potentially new service offerings. The investment will likely fuel further enhancements in production capacity, allowing Advanced Cabinets to undertake even larger and more complex projects while maintaining its commitment to AWI compliance and superior craftsmanship. This financial backing is a clear indicator of investor confidence in the company's business model and its ability to capitalize on opportunities within the construction and renovation markets.

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Frequently Asked Questions Regarding Advanced Cabinets Financial Insights

What are the most recent funding rounds that Advanced Cabinets has completed, and what were the funding rounds?
Advanced Cabinets has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Advanced Cabinets has raised to date?
Advanced Cabinets has raised a total of $70K in funding to date.
How many funding rounds has Advanced Cabinets completed?
Advanced Cabinets has completed 1 funding rounds.
How much funding did Advanced Cabinets raise in its most recent funding round?
Advanced Cabinets raised $70K in its most recent funding round.
Who are the lead investors in Advanced Cabinets's latest funding round?
The lead investor in Advanced Cabinets'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 Advanced Cabinets's history?
The largest funding round in Advanced Cabinets's history was $70K.
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