How Much Did Custom Coating Raise?
Funding & Key Investors

Custom Coating, Inc. (CCI) has successfully secured a significant capital injection, bringing its total funding to $392K. This latest financial milestone, characterized by a $242K major strategic investment, underscores the firm's robust growth trajectory within the specialized industrial finishing sector. By leveraging this influx of liquidity, the Auburn-based enterprise is positioned to further solidify its market dominance in non-chromate conversion coatings, a critical niche in modern manufacturing supply chains.

The company's evolution from a modest 9,000-square-foot operation to a sprawling 64,000-square-foot facility reflects a disciplined approach to scaling. This recent financing round serves as a testament to the firm's operational resilience and its ability to maintain high-performance standards while transitioning through ownership changes and market shifts.

What is Custom Coating?

Custom Coating
ManufacturingBuilding MaterialsChemicals & Related Products

Custom Coating, Inc. (CCI) operates as a specialized provider of non-chromate conversion coatings, serving as a vital link in the industrial manufacturing ecosystem. Since its inception in 1986, the company has cultivated a reputation for technical precision and customer-centric service. Following its 2023 acquisition by Richard Allen, the firm has transitioned into a new phase of leadership, focusing on the integration of automated coating lines to enhance throughput and quality control. The company's core competency lies in its ability to deliver high-specification surface treatments that meet rigorous industry standards, effectively insulating it from broader market volatility through its deep-rooted expertise in niche chemical applications.

How much funding has Custom Coating raised?

Custom Coating has raised a total of $392K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$242K

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

Debt (2021): $242K led by PPP

Key Investors in Custom Coating

PPP

Public-Private Partnership

What's next for Custom Coating?

With the recent infusion of capital, Custom Coating, Inc. is poised to accelerate its operational expansion and technological integration. The strategic roadmap likely involves the further automation of its 64,000-square-foot facility to meet increasing demand for high-durability, environmentally compliant coating solutions. As the company navigates the complexities of the late-stage growth environment, management is expected to prioritize efficiency gains and market share acquisition. By maintaining its commitment to non-chromate technologies, CCI is well-positioned to capitalize on the growing regulatory and industrial preference for sustainable surface finishing processes, ensuring long-term viability and competitive advantage in the domestic manufacturing landscape.

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Frequently Asked Questions Regarding Custom Coating Financial Insights

What are the most recent funding rounds that Custom Coating has completed, and what were the funding rounds?
Custom Coating has recently completed 2 funding rounds: Debt on Feb 19, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Custom Coating has raised to date?
Custom Coating has raised a total of $392K in funding to date.
How many funding rounds has Custom Coating completed?
Custom Coating has completed 2 funding rounds.
How much funding did Custom Coating raise in its most recent funding round?
Custom Coating raised $242K in its most recent funding round.
Who are the lead investors in Custom Coating's latest funding round?
The lead investor in Custom Coating'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 Custom Coating's history?
The largest funding round in Custom Coating's history was $242K.
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