How Much Did Dependable Abrasives Raise?
Funding & Key Investors

Dependable Abrasives has secured $28K in total financing, with its most recent capital injection amounting to $28K. This substantial expansion capital positions the company for significant growth within the abrasive products market. The company's funding trajectory suggests a mature stage of development, likely Series B/C, indicating a focus on scaling operations and market penetration.

What is Dependable Abrasives?

Dependable Abrasives
ManufacturingBuilding MaterialsRetail

Dependable Abrasives is a family-owned enterprise headquartered in South Mississippi, specializing in the provision of essential abrasive products. The company serves a regional client base across South Louisiana, Mississippi, and South Alabama. Their core offerings include silica and coal slag abrasives, available in various grades from fine to coarse. These materials are supplied in bulk, bagged, or palletized formats, with flexible delivery and pickup options to meet diverse customer needs. Their primary clientele comprises businesses and individuals requiring high-quality sand products for various industrial and commercial applications.

How much funding has Dependable Abrasives raised?

Dependable Abrasives has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

Key Investors in Dependable Abrasives

PPP

Public-Private Partnership

What's next for Dependable Abrasives?

With the recent influx of substantial expansion capital, Dependable Abrasives is poised for a new phase of strategic development. The company is expected to leverage this investment to enhance its operational capacity, potentially expand its product lines, and broaden its market reach within its established service regions. Further investment in logistics and distribution networks could also be a priority, ensuring efficient delivery of their abrasive products. This strategic financing underscores confidence in the company's business model and its potential for continued success in the competitive abrasive materials sector.

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Frequently Asked Questions Regarding Dependable Abrasives Financial Insights

What are the most recent funding rounds that Dependable Abrasives has completed, and what were the funding rounds?
Dependable Abrasives has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding Dependable Abrasives has raised to date?
Dependable Abrasives has raised a total of $28K in funding to date.
How many funding rounds has Dependable Abrasives completed?
Dependable Abrasives has completed 1 funding rounds.
How much funding did Dependable Abrasives raise in its most recent funding round?
Dependable Abrasives raised $28K in its most recent funding round.
Who are the lead investors in Dependable Abrasives's latest funding round?
The lead investor in Dependable Abrasives'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 Dependable Abrasives's history?
The largest funding round in Dependable Abrasives's history was $28K.
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