How Much Did Gem Marble & Granite Raise?
Funding & Key Investors

Gem Marble & Granite has successfully secured a significant capital injection, marking a pivotal moment in its long-standing operational history. With a total funding accumulation of $132K, the firm is well-positioned to leverage this $132K investment to solidify its dominance in the regional stone fabrication market. This strategic financing underscores the company's resilience and its capacity to attract substantial backing even in mature industrial sectors.

What is Gem Marble & Granite?

Gem Marble & Granite
ManufacturingBuilding MaterialsConstruction Management

Established in 1988, Gem Marble & Granite has evolved into a cornerstone of the Long Island stone fabrication industry. Operating primarily as a wholesale entity, the company maintains a robust reputation for supply chain reliability and high-precision manufacturing. By housing the largest slab display in the region and integrating advanced fabrication machinery, the firm bridges the gap between raw material procurement and high-end architectural application. Their commitment to dealer loyalty and operational excellence has allowed them to maintain a competitive edge in a fragmented market, ensuring that they remain the preferred partner for large-scale construction and design projects.

How much funding has Gem Marble & Granite raised?

Gem Marble & Granite has raised a total of $132K across 1 funding round:

2021

Debt

$132K

Debt (2021): $132K with participation from PPP

Key Investors in Gem Marble & Granite

PPP

Public-Private Partnership

What's next for Gem Marble & Granite?

The recent infusion of capital is expected to catalyze a new phase of infrastructure development and technological integration. As the company transitions into this late-stage growth cycle, management is likely to prioritize the optimization of their fabrication workflows and the expansion of their wholesale distribution network. By reinvesting in high-capacity machinery and enhancing their digital inventory management, Gem Marble & Granite aims to increase throughput while maintaining the meticulous attention to detail that has defined their brand for over three decades. This strategic move not only fortifies their current market share but also provides the necessary liquidity to navigate potential supply chain volatility in the global stone market.

See full Gem Marble & Granite company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Manufacturing industry

Building MaterialsManufacturingAutomotive PartsReal Estate
ManufacturingWire & CableIndustrial Machinery & Equipment
Building MaterialsManufacturingIndustrial Machinery & Equipment
Building MaterialsManufacturingArchitecture, Engineering & DesignConstruction ManagementConstruction

Frequently Asked Questions Regarding Gem Marble & Granite Financial Insights

What are the most recent funding rounds that Gem Marble & Granite has completed, and what were the funding rounds?
Gem Marble & Granite has recently completed 1 funding rounds: Debt on Mar 18, 2021.
What is the total amount of funding Gem Marble & Granite has raised to date?
Gem Marble & Granite has raised a total of $132K in funding to date.
How many funding rounds has Gem Marble & Granite completed?
Gem Marble & Granite has completed 1 funding rounds.
How much funding did Gem Marble & Granite raise in its most recent funding round?
Gem Marble & Granite raised $132K in its most recent funding round.
Who are the lead investors in Gem Marble & Granite's latest funding round?
The lead investor in Gem Marble & Granite'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 Gem Marble & Granite's history?
The largest funding round in Gem Marble & Granite's history was $132K.
See more information about Gem Marble & Granite