How Much Did Cleveland Plating Raise?
Funding & Key Investors

Cleveland Plating has successfully secured a significant capital injection, bringing its total cumulative financing to $313K. This latest infusion of $163K represents a major strategic investment designed to bolster the company's operational capacity within the specialized electroplating sector. By leveraging this recent backing, the firm aims to solidify its market position as a critical supplier for high-stakes industrial applications, ensuring that its financial trajectory remains aligned with the rigorous demands of the aerospace and defense supply chains.

What is Cleveland Plating?

Cleveland Plating
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

Cleveland Plating operates as a premier ISO 9001 certified provider of barrel electroplating services, maintaining a robust 35,000 square foot facility. The company distinguishes itself through technical expertise in zinc and cadmium finishes, alongside advanced chromate conversion coatings and passivation processes. Serving a diverse clientele that spans the automotive, military, and aerospace sectors, the organization has established a reputation for high-quality surface engineering and rapid turnaround times. Their commitment to laboratory-grade precision ensures that they remain a preferred partner for U.S. manufacturers requiring strict adherence to military and industrial specifications.

How much funding has Cleveland Plating raised?

Cleveland Plating has raised a total of $313K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$163K

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

Debt (2021): $163K led by PPP

Key Investors in Cleveland Plating

PPP

Public-Private Partnership

What's next for Cleveland Plating?

With the recent capital deployment, Cleveland Plating is positioned to scale its infrastructure to meet the increasing complexity of modern defense and aerospace requirements. The strategic focus will likely shift toward enhancing automated production lines and expanding laboratory capabilities to accommodate new material standards. As the company navigates this late-stage growth phase, the emphasis remains on maintaining operational excellence while scaling to meet nationwide demand. Future initiatives will likely prioritize technological integration to optimize throughput and maintain the competitive edge necessary for long-term sustainability in the specialized manufacturing landscape.

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Frequently Asked Questions Regarding Cleveland Plating Financial Insights

What are the most recent funding rounds that Cleveland Plating has completed, and what were the funding rounds?
Cleveland Plating has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Cleveland Plating has raised to date?
Cleveland Plating has raised a total of $313K in funding to date.
How many funding rounds has Cleveland Plating completed?
Cleveland Plating has completed 2 funding rounds.
How much funding did Cleveland Plating raise in its most recent funding round?
Cleveland Plating raised $163K in its most recent funding round.
Who are the lead investors in Cleveland Plating's latest funding round?
The lead investor in Cleveland Plating'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 Cleveland Plating's history?
The largest funding round in Cleveland Plating's history was $163K.
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