What is Arc Rite?
Arc Rite specializes in a diverse range of industrial, commercial, and residential services. Their expertise spans material handling for sectors like paper mills, comprehensive dredging operations, and the management of large-scale warehouse facilities. For commercial clients, Arc Rite offers build and remodel services for establishments such as restaurants, churches, and office spaces. In the residential domain, the company is recognized for its custom home construction and renovation projects, catering to various dwelling types. Led by President Tom Swinson, Arc Rite operates from Fernandina Beach, Florida, positioning itself as a versatile service provider.
How much funding has Arc Rite raised?
Arc Rite has raised a total of $132K across 1 funding round:
Debt
$132K
Debt (2021): $132K with participation from PPP
Key Investors in Arc Rite
PPP
Public-Private Partnership
What's next for Arc Rite?
The substantial capital infusion, particularly the recent strategic investment, signals a pivotal moment for Arc Rite. As a company operating in a large-scale, late-stage funding environment, this financing is likely earmarked for expanding operational capacity, enhancing technological integration within its service offerings, and potentially broadening its geographic reach. The strategic nature of the investment suggests a focus on accelerating growth and solidifying market leadership in its specialized service areas, paving the way for future development and increased market share.
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