How Much Did Baryames Cleaners Raise?
Funding & Key Investors

Baryames Cleaners has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This latest infusion of capital underscores the company's established position and its ongoing strategic development within the competitive dry cleaning sector.

What is Baryames Cleaners?

Baryames Cleaners
Consumer ServicesCleaning Services

Founded in 1922 by Art Baryames, a Greek immigrant, Baryames Cleaners began as a humble newspaper and shoe shine stand in Downtown Lansing. Over the decades, particularly under the leadership of Chuck Baryames in the mid-to-late 20th century, the company expanded its services to include garment pressing and built a reputation for exceptional quality and customer service. Now helmed by Chuck's son, Art Baryames, Baryames Cleaners stands as Mid-Michigan's preeminent dry cleaning service, offering convenient locations and home pick-up/delivery options, continuing its legacy of superior quality and service.

How much funding has Baryames Cleaners raised?

Baryames Cleaners has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Baryames Cleaners?

The recent strategic investment signals a phase of significant growth and potential expansion for Baryames Cleaners. With a strong foundation built over a century, this capital is likely to fuel initiatives aimed at enhancing operational efficiency, expanding service reach within Mid-Michigan, and potentially integrating new technologies to further solidify its market leadership. The company's focus on quality and service, a hallmark of its history, will remain central as it navigates this next chapter of development.

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Frequently Asked Questions Regarding Baryames Cleaners Financial Insights

What are the most recent funding rounds that Baryames Cleaners has completed, and what were the funding rounds?
Baryames Cleaners has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Baryames Cleaners has raised to date?
Baryames Cleaners has raised a total of $350K in funding to date.
How many funding rounds has Baryames Cleaners completed?
Baryames Cleaners has completed 1 funding rounds.
How much funding did Baryames Cleaners raise in its most recent funding round?
Baryames Cleaners raised $350K in its most recent funding round.
Who are the lead investors in Baryames Cleaners's latest funding round?
The lead investor in Baryames Cleaners'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 Baryames Cleaners's history?
The largest funding round in Baryames Cleaners's history was $350K.
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