How Much Did Elite Manufacturing Raise?
Funding & Key Investors

Elite Manufacturing has secured $350K in total funding, with its most recent financing round bringing in $350K. This significant capital infusion, characterized as a major strategic investment, underscores the company's robust position in the market and its potential for continued expansion. The context of this large-scale late-stage funding suggests Elite Manufacturing is poised for substantial growth and operational scaling.

What is Elite Manufacturing?

Elite Manufacturing
Business ServicesHuman Resources Management Systems (HRMS)

Elite Manufacturing and Professional Services is a specialized staffing firm focused on connecting skilled labor with opportunities in the manufacturing and industrial sectors across East Tennessee. The company offers innovative staffing solutions for manufacturing, construction, and professional industries, drawing on extensive combined experience. Elite Manufacturing prioritizes integrity and safety, aiming to empower the workforce and provide reliable staffing tailored to business needs for additional workers.

How much funding has Elite Manufacturing raised?

Elite Manufacturing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Elite Manufacturing

PPP

Public-Private Partnership

What's next for Elite Manufacturing?

With the recent strategic investment and its late-stage funding context, Elite Manufacturing is well-positioned to enhance its service offerings and expand its reach within the East Tennessee region. This capital is likely to fuel initiatives aimed at further developing its workforce solutions, potentially through technology adoption or increased recruitment efforts. The company's focus on integrity and safety suggests a strategic approach to sustainable growth, reinforcing its commitment to both its clients and the employees it places.

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Frequently Asked Questions Regarding Elite Manufacturing Financial Insights

What are the most recent funding rounds that Elite Manufacturing has completed, and what were the funding rounds?
Elite Manufacturing has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Elite Manufacturing has raised to date?
Elite Manufacturing has raised a total of $350K in funding to date.
How many funding rounds has Elite Manufacturing completed?
Elite Manufacturing has completed 1 funding rounds.
How much funding did Elite Manufacturing raise in its most recent funding round?
Elite Manufacturing raised $350K in its most recent funding round.
Who are the lead investors in Elite Manufacturing's latest funding round?
The lead investor in Elite Manufacturing'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 Elite Manufacturing's history?
The largest funding round in Elite Manufacturing's history was $350K.
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