How Much Did Contract Carpet Raise?
Funding & Key Investors

Contract Carpet has secured $948K in total capital, with its most recent strategic investment amounting to $598K. This significant backing underscores the company's established presence and ongoing growth within the flooring solutions sector.

The company's funding history, which includes two debt rounds totaling $948,000, indicates a pattern of leveraging financial instruments to support its operations and expansion. The most recent financing event occurred on January 30, 2021.

What is Contract Carpet?

Contract Carpet
ConstructionConstruction Management

Contract Carpet Corporation is a seasoned provider of comprehensive flooring solutions, specializing in carpet, laminate, vinyl, ceramic, and hardwood. With over five decades of industry experience, the company primarily serves the multi-family housing industry and builders across Southern California. Contract Carpet distinguishes itself through its commitment to customized installation services, dependable delivery schedules, and a strong emphasis on service excellence and customer satisfaction. Their adoption of online services further highlights a dedication to innovation and enhancing client interactions within their market.

How much funding has Contract Carpet raised?

Contract Carpet has raised a total of $948K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$598K

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

Debt (2021): $598K led by PPP

Key Investors in Contract Carpet

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Contract Carpet?

The recent major strategic investment suggests Contract Carpet is poised for significant scaling or expansion initiatives. This capital infusion is likely to fuel advancements in their service offerings, potentially broadening their geographic reach or deepening their penetration within the Southern California builder and multi-family housing markets. The company's long-standing experience and focus on customer satisfaction provide a solid foundation for leveraging this new financing to enhance operational efficiencies and explore new growth avenues in the competitive flooring industry.

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Frequently Asked Questions Regarding Contract Carpet Financial Insights

What are the most recent funding rounds that Contract Carpet has completed, and what were the funding rounds?
Contract Carpet has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 5, 2020.
What is the total amount of funding Contract Carpet has raised to date?
Contract Carpet has raised a total of $948K in funding to date.
How many funding rounds has Contract Carpet completed?
Contract Carpet has completed 2 funding rounds.
How much funding did Contract Carpet raise in its most recent funding round?
Contract Carpet raised $598K in its most recent funding round.
Who are the lead investors in Contract Carpet's latest funding round?
The lead investor in Contract Carpet'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 Contract Carpet's history?
The largest funding round in Contract Carpet's history was $598K.
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