How Much Did Advanced Cable Raise?
Funding & Key Investors

Advanced Cable, a women-owned manufacturing and distributing company based in Troy, MI, has secured $55K in recent expansion capital, contributing to a total funding amount of $55K. This substantial investment underscores the company's established position in the market and its trajectory for further growth, particularly as it operates at a significant Series B/C stage.

What is Advanced Cable?

Advanced Cable
ManufacturingWire & Cable

Advanced Cable specializes in providing high-quality, cost-effective cabling and wiring solutions across various industries. With over two decades of experience, the company has built a reputation for responsive service, competitive pricing, and reliable product distribution nationwide. As a WBENC-certified organization, Advanced Cable offers distinct advantages to its clients, including potential tax incentives and access to diverse procurement channels, positioning it as a strategic partner in the manufacturing and distribution sector.

How much funding has Advanced Cable raised?

Advanced Cable has raised a total of $55K across 1 funding round:

2021

Debt

$55K

Debt (2021): $55K with participation from PPP

Key Investors in Advanced Cable

PPP

Public-Private Partnership

What's next for Advanced Cable?

The recent influx of expansion capital signals a strategic move by Advanced Cable to scale its operations and potentially enhance its distribution network or product development capabilities. Operating at a significant Series B/C stage, this financing is likely earmarked for accelerating market penetration, investing in advanced manufacturing technologies, or expanding its service offerings to meet growing industry demands. The company's commitment to quality and customer satisfaction, coupled with its WBENC certification, positions it for continued success and market leadership in the specialized cabling and wiring solutions sector.

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Frequently Asked Questions Regarding Advanced Cable Financial Insights

What are the most recent funding rounds that Advanced Cable has completed, and what were the funding rounds?
Advanced Cable has recently completed 1 funding rounds: Debt on Jan 28, 2021.
What is the total amount of funding Advanced Cable has raised to date?
Advanced Cable has raised a total of $55K in funding to date.
How many funding rounds has Advanced Cable completed?
Advanced Cable has completed 1 funding rounds.
How much funding did Advanced Cable raise in its most recent funding round?
Advanced Cable raised $55K in its most recent funding round.
Who are the lead investors in Advanced Cable's latest funding round?
The lead investor in Advanced Cable'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 Cable's history?
The largest funding round in Advanced Cable's history was $55K.
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