How Much Did Envirolite Raise?
Funding & Key Investors

Envirolite, a prominent manufacturer of specialized foam solutions, has successfully secured a significant capital injection to bolster its market position. The company, which has demonstrated consistent growth since its inception in 2008, recently finalized a major strategic investment totaling $499K. This latest infusion of liquidity brings the firm's cumulative financing to $849K, underscoring investor confidence in its proprietary manufacturing processes and diverse industrial applications.

The capital allocation arrives at a pivotal moment for the Troy, Michigan-based enterprise, as it seeks to scale its domestic production capabilities and expand its global footprint across sectors ranging from energy and marine to medical and consumer packaging.

What is Envirolite?

Envirolite
ManufacturingPlastic, Packaging & ContainersTires & Rubber

Founded by former automotive executive Vatche Tazian, Envirolite has established itself as a leader in the development and testing of technologically-advanced foam products. By maintaining manufacturing operations in Coldwater, Michigan, the company ensures rigorous quality control while fostering collaborative relationships with global material suppliers. Its market position is defined by a commitment to re-defining processing methods and delivering high-performance materials that meet the stringent requirements of industrial, recreational, and medical clients. With a management team boasting over 65 years of combined experience, Envirolite leverages its technical aptitude to maintain a competitive edge in a highly specialized manufacturing landscape.

How much funding has Envirolite raised?

Envirolite has raised a total of $849K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$499K

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

Debt (2021): $499K led by PPP

Key Investors in Envirolite

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Envirolite?

With the recent influx of capital, Envirolite is well-positioned to accelerate its strategic roadmap, focusing on the optimization of its manufacturing infrastructure and the pursuit of next-generation material science innovations. The company is expected to leverage this financial backing to deepen its penetration into high-growth sectors, such as sustainable packaging and advanced energy solutions. By prioritizing operational efficiency and maintaining its reputation for superior customer service, Envirolite aims to solidify its status as the preferred global provider of specialty foam products. Future growth will likely be driven by continued investment in R&D and the expansion of its collaborative supply chain network, ensuring the firm remains at the forefront of industrial foam technology.

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Frequently Asked Questions Regarding Envirolite Financial Insights

What are the most recent funding rounds that Envirolite has completed, and what were the funding rounds?
Envirolite has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Envirolite has raised to date?
Envirolite has raised a total of $849K in funding to date.
How many funding rounds has Envirolite completed?
Envirolite has completed 2 funding rounds.
How much funding did Envirolite raise in its most recent funding round?
Envirolite raised $499K in its most recent funding round.
Who are the lead investors in Envirolite's latest funding round?
The lead investor in Envirolite'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 Envirolite's history?
The largest funding round in Envirolite's history was $499K.
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