How Much Did Door Controls Raise?
Funding & Key Investors

Door Controls, a DORMA Group company, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its position in the market. This latest financing round follows a history of debt financing, indicating a shift towards growth-oriented capital infusion.

What is Door Controls?

Door Controls
RetailHome Improvement & Hardware RetailConsumer Services

Founded in 1943 in Topeka, KS, Door Controls, Inc. has established itself as a leading distributor of automatic doors, controls, hardware, and related items across the Midwest, serving Kansas, Missouri, Oklahoma, Illinois, Arkansas, and Texas. Originally built on the principle of selling quality materials backed by fast and efficient service, the company has expanded to 11 locations. Its integration into the DORMA family further enhances its capabilities, positioning it as a comprehensive source for automatic door solutions and services, boasting the largest service and repair centers in its operational region.

How much funding has Door Controls raised?

Door Controls has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Door Controls?

The recent large-scale, late-stage funding signifies Door Controls' strategic intent to accelerate its growth trajectory and potentially expand its market reach or service offerings. This substantial capital infusion, particularly described as a 'major strategic investment,' suggests a focus on scaling operations, enhancing technological capabilities, or pursuing market consolidation. As part of the DORMA Group, this investment likely aims to leverage synergies and further solidify its dominant position in the automatic door and controls sector.

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Frequently Asked Questions Regarding Door Controls Financial Insights

What are the most recent funding rounds that Door Controls has completed, and what were the funding rounds?
Door Controls has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Door Controls has raised to date?
Door Controls has raised a total of $350K in funding to date.
How many funding rounds has Door Controls completed?
Door Controls has completed 1 funding rounds.
How much funding did Door Controls raise in its most recent funding round?
Door Controls raised $350K in its most recent funding round.
Who are the lead investors in Door Controls's latest funding round?
The lead investor in Door Controls'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 Door Controls's history?
The largest funding round in Door Controls's history was $350K.
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