How Much Did Baryames Cleaners Raise?
Funding & Key Investors

Baryames Cleaners has secured $350K in total capital, with a recent strategic investment of $350K marking a significant milestone in its operational history. This latest financing round underscores the company's established presence and ongoing strategic development within the Mid-Michigan dry cleaning market.

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, shoe shine, and hat-cleaning stand in Downtown Lansing. Over the decades, particularly under the leadership of Art's son, Chuck Baryames, the company expanded its services to include garment pressing and emphasized exceptional quality and customer service. Now helmed by Chuck's son, Art Baryames, the company 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 substantial late-stage funding, including the recent strategic investment, positions Baryames Cleaners for continued expansion and service enhancement. This capital infusion is expected to fuel further operational improvements, potentially expanding its service footprint or investing in advanced cleaning technologies. The company's long-standing reputation and commitment to quality suggest a strategic focus on solidifying its market leadership and adapting to evolving customer demands in the dry cleaning industry.

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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.
See more information about Baryames Cleaners