How Much Did Choice Fasteners Raise?
Funding & Key Investors

Choice Fasteners, a Houston-based manufacturer and distributor of specialized fasteners, has secured $449K in total capital, with its most recent financing round bringing in $299K in a major strategic investment. This latest round, dated February 13, 2021, follows a previous debt financing of $150 million in May 2020, indicating a significant growth and scaling phase for the company.

What is Choice Fasteners?

Choice Fasteners
ManufacturingIndustrial Machinery & EquipmentAutomobile Parts Stores

Established in 2005, Choice Fasteners specializes in a comprehensive range of fasteners, including all-thread, tap-end, and double-end studs, operating under stringent ISO 9001:2015 quality standards. The family-owned business is dedicated to providing exceptional service, offering same-day delivery, competitive pricing, and 24-hour on-call support. Their extensive product catalog encompasses both inch and metric fasteners, manufactured from ASTM grades and advanced materials such as Monel and Inconel, catering to diverse industrial requirements.

How much funding has Choice Fasteners raised?

Choice Fasteners has raised a total of $449K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$299K

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

Debt (2021): $299K led by PPP

Key Investors in Choice Fasteners

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Choice Fasteners?

The substantial capital infusion, particularly the recent strategic investment, positions Choice Fasteners for accelerated expansion and enhanced market penetration. This financing is indicative of a late-stage funding environment, suggesting the company is poised to scale its operations, potentially through increased production capacity, broader distribution networks, or strategic acquisitions. The focus on strategic investment signals confidence from backers in the company's long-term vision and its capacity to leverage this capital for sustained growth and market leadership in the specialized fastener industry.

See full Choice Fasteners company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

ManufacturingPlastic, Packaging & Containers
FurnitureManufacturing
Industrial Machinery & EquipmentManufacturing
ManufacturingTextiles & ApparelApparel & Accessories RetailRetail

Frequently Asked Questions Regarding Choice Fasteners Financial Insights

What are the most recent funding rounds that Choice Fasteners has completed, and what were the funding rounds?
Choice Fasteners has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on May 1, 2020.
What is the total amount of funding Choice Fasteners has raised to date?
Choice Fasteners has raised a total of $449K in funding to date.
How many funding rounds has Choice Fasteners completed?
Choice Fasteners has completed 2 funding rounds.
How much funding did Choice Fasteners raise in its most recent funding round?
Choice Fasteners raised $299K in its most recent funding round.
Who are the lead investors in Choice Fasteners's latest funding round?
The lead investor in Choice Fasteners'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 Choice Fasteners's history?
The largest funding round in Choice Fasteners's history was $299K.
See more information about Choice Fasteners