What is Crystalite?
Crystalite, Inc. is a manufacturer based in Northwest Washington, renowned for its production of high-quality skylights, roof glazing, sunrooms, and railing systems. The company distinguishes itself by focusing on energy-efficient products and offering custom solutions tailored for residential, commercial, and industrial applications. Operating through a dealer-based model, Crystalite partners with local businesses, distributing its products via lumber yards and glass shops. Their operational ethos emphasizes quality workmanship and community engagement, reflected in their charitable activities and local job creation.
How much funding has Crystalite raised?
Crystalite has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Crystalite?
The substantial large-scale late-stage funding indicates Crystalite is poised for significant expansion. This capital infusion is expected to fuel advancements in product development, potentially leading to more innovative and energy-efficient solutions. Furthermore, the investment will likely support the enhancement of their manufacturing capabilities and the broadening of their distribution network, solidifying their dealer partnerships and exploring new market segments. The strategic nature of the recent financing suggests a focus on long-term growth and market leadership within the specialized fenestration industry.
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