What is Firewood?
Firewood operates within the Building Materials industry, headquartered in Wilson, Michigan. The company employs between 10 to 19 individuals and generates revenue in the range of $1M to $5M. Its focus on the building materials sector suggests a role in supplying essential components for construction and infrastructure projects. The company's operational scale and revenue indicate it is likely in a growth phase, potentially scaling its production or expanding its market reach.
How much funding has Firewood raised?
Firewood has raised a total of $295K across 2 funding rounds:
Debt
$150K
Debt
$145K
Debt (2020): $150K with participation from PPP
Debt (2021): $145K led by PPP
What's next for Firewood?
The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Firewood's readiness for significant expansion or market consolidation. This capital infusion is expected to fuel strategic initiatives, potentially including research and development for new materials, enhancement of manufacturing capabilities, or broadening its distribution network. Given the late-stage nature of this financing, Firewood may be preparing for a substantial market impact or further strategic partnerships to solidify its competitive advantage in the building materials sector.
See full Firewood company page
