How Much Did Cross Light Raise?
Funding & Key Investors

Cross Light has secured $265K in total capital, with a recent strategic investment of $115K. This significant backing positions the company for its next phase of growth within the architectural and entertainment lighting sector.

The company's funding history, primarily consisting of debt financing, indicates a focus on operational scaling and strategic capital deployment rather than equity dilution. The recent injection of capital, described as a major strategic investment, suggests a pivotal moment for Cross Light as it aims to further solidify its market presence.

What is Cross Light?

Cross Light
RetailHome Improvement & Hardware RetailArchitecture, Engineering & Design

Cross Light is a comprehensive service firm specializing in Architectural & Entertainment Lighting, Automated Rigging, and Controls. Serving Ohio, Indiana, and Kentucky since 1998, the company has built a robust portfolio of over 800 projects. Their expertise spans various sectors including Casinos, Theaters, Performing Arts Centers, Museums, Stadiums, Television Studios, and Universities. Cross Light distinguishes itself by offering more than just manufacturer representation; it provides full-service support, including on-site assistance to contractors, factory-authorized field service for various products, system configuration, and programming. They actively collaborate with Architects, Engineers, Consultants, Lighting Designers, Interior Designers, Contractors, Dealers, and Distributors to deliver tailored solutions.

How much funding has Cross Light raised?

Cross Light has raised a total of $265K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$115K

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

Debt (2021): $115K led by PPP

Key Investors in Cross Light

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participated in the recent funding round, suggesting a strategic alignment with Cross Light's market position and future growth potential in the architectural and entertainment lighting sector.

What's next for Cross Light?

With the recent strategic investment, Cross Light is poised to enhance its service offerings and expand its reach within its established territories. The company's focus on comprehensive support, including service for competitor products, suggests a strategy centered on customer retention and market dominance through superior after-sales service. Future growth may involve leveraging this capital to invest in new technologies, expand its skilled workforce, and potentially broaden its geographical footprint. The company's long-standing presence and diverse project experience provide a solid foundation for continued success and adaptation in the dynamic lighting and controls industry.

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Frequently Asked Questions Regarding Cross Light Financial Insights

What are the most recent funding rounds that Cross Light has completed, and what were the funding rounds?
Cross Light has recently completed 2 funding rounds: Debt on Feb 22, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Cross Light has raised to date?
Cross Light has raised a total of $265K in funding to date.
How many funding rounds has Cross Light completed?
Cross Light has completed 2 funding rounds.
How much funding did Cross Light raise in its most recent funding round?
Cross Light raised $115K in its most recent funding round.
Who are the lead investors in Cross Light's latest funding round?
The lead investor in Cross Light'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 Cross Light's history?
The largest funding round in Cross Light's history was $150K.
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