What is Custom Floaters?
Custom Floaters specializes in producing precision-engineered floaters, ensuring consistent thickness and weight critical for competitive racing. Their components are integral to the performance of National Hot Rod Association Racing Teams, including Top Fuel Dragsters, Funny Cars, and Pro Stock Tractor Pulls. Beyond floaters, the company also provides specialty bellhousings and accessories, such as new Cummins Diesel and International IH bellhousings, catering to professional racing teams and tractor pull competitors seeking enhanced performance and reliability.
How much funding has Custom Floaters raised?
Custom Floaters has raised a total of $476K across 2 funding rounds:
Debt
$150K
Debt
$326K
Debt (2020): $150K with participation from PPP
Debt (2021): $326K led by PPP
What's next for Custom Floaters?
With a significant late-stage funding injection, Custom Floaters is poised for substantial growth and operational scaling. The strategic investment suggests a focus on expanding market reach, enhancing manufacturing capabilities, or potentially developing new product lines to further solidify its competitive edge. This capital infusion will likely enable the company to deepen its relationships with professional racing circuits and tractor pull communities, reinforcing its brand as a premier supplier of high-performance components.
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