How Much Did Biofoam Raise?
Funding & Key Investors

Biofoam has successfully secured a significant capital injection, bringing its cumulative financing to $876K. This latest infusion of $526K represents a major strategic investment aimed at bolstering the company's operational capacity within the competitive building materials sector. By leveraging this debt-based financing, the Chicago-based firm is positioned to accelerate its national service footprint and enhance its specialized energy conservation offerings for both commercial and residential infrastructure.

What is Biofoam?

Biofoam
ConstructionConstruction Management

Biofoam operates as a multifaceted provider of high-performance building solutions, specializing in spray foam insulation, roofing, fireproofing, and advanced waterproofing coatings. The company distinguishes itself through a commitment to energy efficiency, serving a diverse clientele that spans new construction projects and existing structural retrofits. By collaborating with industry-leading manufacturers, Biofoam has established a reputation for technical excellence, evidenced by numerous national awards. Their market position is defined by a unique blend of regional expertise and the agility to execute large-scale projects on a nationwide basis, effectively bridging the gap between localized service and enterprise-level demand.

How much funding has Biofoam raised?

Biofoam has raised a total of $876K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$526K

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

Debt (2021): $526K led by PPP

Key Investors in Biofoam

PPP

Public-Private Partnership

What's next for Biofoam?

With this recent capital allocation, Biofoam is expected to prioritize the scaling of its specialized coating and insulation divisions. The strategic focus will likely shift toward optimizing supply chain logistics and expanding the firm's technical workforce to meet the rising demand for sustainable building materials. As the company navigates this growth phase, the integration of advanced fireproofing and waterproofing technologies will remain central to its value proposition. Future initiatives will likely involve deepening partnerships with top-tier manufacturers to maintain a competitive edge in the energy conservation market, ensuring that Biofoam remains a preferred partner for complex, high-stakes construction projects across the United States.

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Frequently Asked Questions Regarding Biofoam Financial Insights

What are the most recent funding rounds that Biofoam has completed, and what were the funding rounds?
Biofoam has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Biofoam has raised to date?
Biofoam has raised a total of $876K in funding to date.
How many funding rounds has Biofoam completed?
Biofoam has completed 2 funding rounds.
How much funding did Biofoam raise in its most recent funding round?
Biofoam raised $526K in its most recent funding round.
Who are the lead investors in Biofoam's latest funding round?
The lead investor in Biofoam'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 Biofoam's history?
The largest funding round in Biofoam's history was $526K.
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