What is Durable?
Founded in 1923 in Norwalk, Ohio, Durable has a long-standing history as an innovative manufacturer. The company initially focused on utilizing scrap bias ply tires as a raw material, developing a diverse range of products including marine dock bumpers, loading dock bumpers, wheel chocks, and stabilization pads. Durable's ability to meet the specific needs of a varied customer base has cemented its reputation for quality and adaptability in the industrial products market.
How much funding has Durable raised?
Durable has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Durable?
The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Durable's intent to pursue significant growth or strategic initiatives. This capital infusion is likely to support expansion, technological advancements, or market penetration efforts, leveraging the company's century-long expertise in specialized manufacturing. The debt financing obtained in 2020 suggests a focus on operational scaling and potentially asset acquisition to further solidify its market leadership.
See full Durable company page
