How Much Did First Lyt Raise?
Funding & Key Investors

First Lyt, a custom metal design and fabrication company, has secured $119K in total funding, with its most recent capital infusion of $119K marking a significant strategic investment. This latest financing round underscores the company's established presence and ongoing growth within the metal industry.

What is First Lyt?

First Lyt
ManufacturingBuilding MaterialsIndustrial Machinery & Equipment

First Lyt Metal Fabrication brings over 45 years of experience to the metal industry, offering comprehensive custom metal design, fabrication, and installation services. The company caters to a diverse clientele, providing a wide array of metal products for commercial, architectural, and residential projects. Their expertise spans the creation of unique structures, intricate signage, decorative artwork, and essential components like handrails, demonstrating a commitment to high-quality metal solutions tailored to specific customer requirements.

How much funding has First Lyt raised?

First Lyt has raised a total of $119K across 1 funding round:

2024

Debt

$119K

Debt (2024): $119K with participation from Northeast Bank

Key Investors in First Lyt

Northeast Bank

Northeast Bank is a financial institution that has provided debt financing to First Lyt, indicating a focus on supporting established businesses with their capital needs.

What's next for First Lyt?

With a substantial total funding amount and a recent strategic investment, First Lyt is well-positioned for its next phase of expansion. The company's extensive experience and focus on custom, high-quality metalwork suggest a trajectory towards scaling its operations, potentially enhancing its fabrication capabilities, expanding its market reach into new commercial and architectural sectors, or investing in advanced design technologies. This capital infusion is indicative of a mature company leveraging its legacy to pursue further growth and innovation in the custom metal fabrication market.

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Frequently Asked Questions Regarding First Lyt Financial Insights

What are the most recent funding rounds that First Lyt has completed, and what were the funding rounds?
First Lyt has recently completed 1 funding rounds: Debt on Dec 31, 2024.
What is the total amount of funding First Lyt has raised to date?
First Lyt has raised a total of $119K in funding to date.
How many funding rounds has First Lyt completed?
First Lyt has completed 1 funding rounds.
How much funding did First Lyt raise in its most recent funding round?
First Lyt raised $119K in its most recent funding round.
Who are the lead investors in First Lyt's latest funding round?
The lead investor in First Lyt's latest funding round was Northeast Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in First Lyt's history?
The largest funding round in First Lyt's history was $119K.
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