How Much Did Cannon Roofing Raise?
Funding & Key Investors

Cannon Roofing has secured $889K in total capital, with its most recent financing round bringing in $539K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the competitive roofing and home improvement sector.

What is Cannon Roofing?

Cannon Roofing
ConstructionConstruction Management

Cannon Roofing is a comprehensive roofing contractor headquartered in Spartanburg, SC, offering specialized installation, repair, and maintenance for commercial, residential, and industrial properties. The company prioritizes delivering dependable and trustworthy roofing solutions, fostering enduring client relationships through a commitment to integrity and tailored service. Its operational footprint extends across South Carolina, North Carolina, eastern Georgia, and eastern Tennessee, ensuring robust protection against diverse climatic conditions. Beyond core roofing services, Cannon Roofing also provides complementary home improvement solutions, including siding and gutter installations, positioning itself as a full-service provider in the regional market.

How much funding has Cannon Roofing raised?

Cannon Roofing has raised a total of $889K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$539K

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

Debt (2021): $539K led by PPP

What's next for Cannon Roofing?

The recent major strategic investment signals a pivotal phase for Cannon Roofing, likely enabling expansion of its service offerings, geographic reach, or operational capacity. This capital infusion is expected to fuel further growth and solidify its market position, potentially through acquisitions or enhanced service delivery infrastructure. The company's focus on long-term client relationships and its broad service portfolio suggest a strategy geared towards sustained market penetration and customer loyalty in the southeastern United States.

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Frequently Asked Questions Regarding Cannon Roofing Financial Insights

What are the most recent funding rounds that Cannon Roofing has completed, and what were the funding rounds?
Cannon Roofing has recently completed 2 funding rounds: Debt on Mar 6, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Cannon Roofing has raised to date?
Cannon Roofing has raised a total of $889K in funding to date.
How many funding rounds has Cannon Roofing completed?
Cannon Roofing has completed 2 funding rounds.
How much funding did Cannon Roofing raise in its most recent funding round?
Cannon Roofing raised $539K in its most recent funding round.
Who are the lead investors in Cannon Roofing's latest funding round?
The lead investor in Cannon 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 Cannon Roofing's history?
The largest funding round in Cannon Roofing's history was $539K.
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