How Much Did Bates Roofing Raise?
Funding & Key Investors

Bates Roofing has solidified its market position through a series of strategic debt financing rounds, culminating in a recent capital injection of $271K. This latest infusion brings the firm's cumulative financial backing to $421K, underscoring its capacity to secure large-scale debt instruments to fuel operational scaling. As an established entity in the Washington construction sector, the company continues to leverage these financial resources to bolster its competitive standing in the industrial and government contracting landscape.

What is Bates Roofing?

Bates Roofing
ConstructionConstruction Management

Founded in 1983, Bates Roofing has evolved from a local service provider into a specialized contractor focusing on complex commercial, government, and industrial roofing projects. The firm maintains a reputation for reliability, underpinned by its status as a licensed, bonded, and insured entity. By prioritizing long-term customer satisfaction and sound business practices, the company has successfully transitioned into a high-growth phase, effectively managing the logistical demands of large-scale infrastructure projects across the Pacific Northwest.

How much funding has Bates Roofing raised?

Bates Roofing has raised a total of $421K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$271K

Debt (2020): $150K with participation from PPP

Debt (2021): $271K led by PPP

Key Investors in Bates Roofing

PPP

Public-Private Partnership

What's next for Bates Roofing?

With the recent influx of capital, Bates Roofing is well-positioned to accelerate its expansion into broader industrial sectors. The strategic use of debt financing suggests a focus on scaling operational capacity and investing in advanced roofing technologies to meet the rigorous standards of government and commercial clients. Moving forward, the company will likely prioritize the acquisition of specialized equipment and the expansion of its workforce to maintain its trajectory as a premier contractor in the region, ensuring that its growth remains rooted in the same commitment to quality that has defined its four-decade history.

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Frequently Asked Questions Regarding Bates Roofing Financial Insights

What are the most recent funding rounds that Bates Roofing has completed, and what were the funding rounds?
Bates Roofing has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Bates Roofing has raised to date?
Bates Roofing has raised a total of $421K in funding to date.
How many funding rounds has Bates Roofing completed?
Bates Roofing has completed 2 funding rounds.
How much funding did Bates Roofing raise in its most recent funding round?
Bates Roofing raised $271K in its most recent funding round.
Who are the lead investors in Bates Roofing's latest funding round?
The lead investor in Bates Roofing'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 Bates Roofing's history?
The largest funding round in Bates Roofing's history was $271K.
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