How Much Did Five Span Marina Raise?
Funding & Key Investors

Five Span Marina has secured $21K in total financing, with a recent capital infusion of $21K to fuel its substantial expansion. This latest round signifies a significant Series B/C stage for the company, underscoring its growth trajectory in the watersports industry.

What is Five Span Marina?

Five Span Marina
RetailAutomobile Parts StoresSporting & Recreational Equipment Retail

Five Span Marina, based in Defiance, OH, is a family-operated enterprise specializing in a comprehensive array of watersports products. Their offerings include new and pre-owned boats, alongside essential engine and drive parts. The company distinguishes itself through a team of knowledgeable and approachable staff committed to assisting customers in selecting the ideal boat or necessary components for their aquatic pursuits. With a strong emphasis on superior customer service and tailored solutions, Five Span Marina has cultivated a dedicated clientele. They also provide financing services and support for service requests, aiming to deliver a complete experience for all marine enthusiasts.

How much funding has Five Span Marina raised?

Five Span Marina has raised a total of $21K across 1 funding round:

2021

Debt

$21K

Debt (2021): $21K with participation from PPP

Key Investors in Five Span Marina

PPP

Public-Private Partnership

What's next for Five Span Marina?

The recent substantial expansion capital infusion positions Five Span Marina for significant growth. As a company operating at a Series B/C stage, this investment is likely earmarked for expanding inventory, enhancing service capabilities, and potentially broadening their market reach. Strategic utilization of this financing will be key to solidifying their market position and capitalizing on opportunities within the dynamic watersports sector. Future developments may include strategic partnerships or technological integrations to further streamline operations and customer engagement.

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Frequently Asked Questions Regarding Five Span Marina Financial Insights

What are the most recent funding rounds that Five Span Marina has completed, and what were the funding rounds?
Five Span Marina has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Five Span Marina has raised to date?
Five Span Marina has raised a total of $21K in funding to date.
How many funding rounds has Five Span Marina completed?
Five Span Marina has completed 1 funding rounds.
How much funding did Five Span Marina raise in its most recent funding round?
Five Span Marina raised $21K in its most recent funding round.
Who are the lead investors in Five Span Marina's latest funding round?
The lead investor in Five Span Marina'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 Five Span Marina's history?
The largest funding round in Five Span Marina's history was $21K.
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