How Much Did Dependable Abrasives Raise?
Funding & Key Investors

Dependable Abrasives has successfully secured a significant capital injection, marking a pivotal moment in its operational evolution. With a total funding accumulation of $28K, the firm is well-positioned to leverage the $28K recently acquired to fortify its market presence. This strategic financing round underscores the company's transition into a more robust growth phase, enabling it to scale its industrial supply capabilities across the Gulf Coast region.

What is Dependable Abrasives?

Dependable Abrasives
ManufacturingBuilding MaterialsRetail

Based in South Mississippi, Dependable Abrasives serves as a critical supplier of high-grade abrasive materials, including silica and coal slag, to a diverse client base spanning South Louisiana, Mississippi, and South Alabama. The company distinguishes itself through a versatile product portfolio that caters to both commercial and individual requirements, offering materials in fine, medium, and coarse grades. By providing flexible logistics solutions—ranging from bulk shipments to palletized delivery—the firm has established a reliable reputation within the regional industrial sector. Their commitment to quality and accessibility has solidified their role as a foundational partner for businesses requiring consistent abrasive supply chains.

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?

The infusion of capital is expected to catalyze a substantial expansion of the company's distribution infrastructure and inventory capacity. As Dependable Abrasives moves deeper into its Series B/C lifecycle, the focus will likely shift toward optimizing supply chain efficiencies and potentially broadening its geographic footprint. By investing in enhanced logistics and material handling, the firm aims to capture a larger share of the regional market, ensuring that it remains the preferred provider for industrial abrasive needs. Future growth will be predicated on maintaining the high service standards that have defined its family-owned legacy while scaling operations to meet increasing demand.

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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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