How Much Did Eastern Stone Raise?
Funding & Key Investors

Eastern Stone has secured $2.3M in total funding, with its most recent capital infusion of $1.3M described as a major strategic investment. This recent financing round, dated February 3, 2021, follows a prior debt financing of $1.3 billion on February 3, 2021, and another debt financing of $1 billion on April 16, 2020. The company's consistent access to significant capital indicates a strong operational footing and potential for expansion within the high-end fabrication market.

What is Eastern Stone?

Eastern Stone
ManufacturingBuilding MaterialsConstruction Management

Eastern Stone specializes in the fabrication of marble and granite, delivering custom, high-quality designs that merge traditional European craftsmanship with contemporary expertise. Established in 1997, the company has built a reputation for exceptional service, quality, and integrity, fostering enduring relationships with homeowners along the Northeast Coast. Leveraging over six decades of combined experience, Eastern Stone is committed to professional and punctual home improvement projects, offering comprehensive guidance on budgeting and design. Their meticulous workflow encompasses stone selection, precise templating, expert cutting, refined finishing, and professional installation, ensuring complete client satisfaction throughout the process.

How much funding has Eastern Stone raised?

Eastern Stone has raised a total of $2.3M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.3M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.3M led by PPP

Key Investors in Eastern Stone

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Eastern Stone?

The substantial enterprise-level funding and recent strategic investment suggest Eastern Stone is poised for significant growth and market penetration. This capital infusion is likely to fuel expansion initiatives, potentially including the enhancement of fabrication capabilities, the acquisition of new technologies, or the broadening of their service area. The company's focus on blending classic craftsmanship with modern techniques positions it well to capitalize on the demand for bespoke, high-quality stone applications in residential and commercial projects. Future developments may involve strategic partnerships or further investment to solidify its market leadership in custom fabrication.

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Frequently Asked Questions Regarding Eastern Stone Financial Insights

What are the most recent funding rounds that Eastern Stone has completed, and what were the funding rounds?
Eastern Stone has recently completed 2 funding rounds: Debt on Feb 3, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Eastern Stone has raised to date?
Eastern Stone has raised a total of $2.3M in funding to date.
How many funding rounds has Eastern Stone completed?
Eastern Stone has completed 2 funding rounds.
How much funding did Eastern Stone raise in its most recent funding round?
Eastern Stone raised $1.3M in its most recent funding round.
Who are the lead investors in Eastern Stone's latest funding round?
The lead investor in Eastern Stone'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 Eastern Stone's history?
The largest funding round in Eastern Stone's history was $1.3M.
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