How Much Did Eric'sons Raise?
Funding & Key Investors

Eric'sons has secured $2M in total financing, with its most recent capital infusion of $924K arriving via a major strategic investment on July 1, 2024. This significant backing underscores the company's established presence and growth trajectory within the enterprise sector.

What is Eric'sons?

Eric'sons
ManufacturingBuilding Materials

Eric'sons Dura Trench is a prominent manufacturer specializing in high-quality, easily deployable trench drain systems. Their product portfolio includes stainless drains, slot pipe drains, and utility trenches, engineered for demanding commercial and industrial applications. The company distinguishes itself through a commitment to customization and innovation, offering a broad spectrum of drainage solutions suitable for diverse environments such as airports, breweries, industrial manufacturing plants, and food and beverage facilities. Leveraging extensive manufacturing capabilities and rapid delivery, coupled with robust technical expertise, Eric'sons Dura Trench consistently delivers dependable drainage solutions precisely tailored to client specifications.

How much funding has Eric'sons raised?

Eric'sons has raised a total of $2M across 2 funding rounds:

2021

Debt

$1.1M

2024

Debt

$924K

Debt (2021): $1.1M with participation from PPP

Debt (2024): $924K led by Truist

Key Investors in Eric'sons

Truist

Truist is a financial institution that likely provided debt financing, supporting Eric'sons Dura Trench's operational and expansionary needs.

PPP

Public-Private Partnership

What's next for Eric'sons?

The recent major strategic investment signals a pivotal phase for Eric'sons Dura Trench, likely enabling accelerated expansion of manufacturing capacity, further product development, and broader market penetration. This capital infusion is expected to fortify the company's position as a leader in specialized drainage solutions, potentially supporting entry into new geographic markets or the enhancement of its technological offerings to meet evolving industry demands.

See full Eric'sons company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Food & BeverageManufacturingRetailGrocery RetailHospitalityRestaurant Reservations
ManufacturingTest & Measurement EquipmentPlastic, Packaging & ContainersMedical Devices & Equipment
Building MaterialsManufacturing
ElectronicsManufacturingBusiness ServicesResearch & Development

Frequently Asked Questions Regarding Eric'sons Financial Insights

What are the most recent funding rounds that Eric'sons has completed, and what were the funding rounds?
Eric'sons has recently completed 2 funding rounds: Debt on Jul 1, 2024, Debt on Mar 18, 2021.
What is the total amount of funding Eric'sons has raised to date?
Eric'sons has raised a total of $2M in funding to date.
How many funding rounds has Eric'sons completed?
Eric'sons has completed 2 funding rounds.
How much funding did Eric'sons raise in its most recent funding round?
Eric'sons raised $924K in its most recent funding round.
Who are the lead investors in Eric'sons's latest funding round?
The lead investor in Eric'sons's latest funding round was Truist. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Eric'sons's history?
The largest funding round in Eric'sons's history was $1.1M.
See more information about Eric'sons