How Much Did Glocon Raise?
Funding & Key Investors

Glocon, Inc., operating under the brand Swifter Fans, has secured $27K in recent financing, contributing to a total funding amount of $27K. This capital infusion marks a significant stage for the company, likely aligning with its Series B/C phase, aimed at driving substantial expansion.

What is Glocon?

Glocon
ManufacturingBuilding MaterialsIndustrial Machinery & Equipment

Founded in 1981 and based in Denville, NJ, Glocon specializes in offshore manufacturing and engineering for a diverse range of industries. The company's core offerings include Air Movement Components such as Fan Housings, Fan Shrouds, Fan Covers, Metal Fan Hubs, and other custom-fabricated parts. Glocon is also the manufacturer of the Swifter line of products, underscoring its established presence in the air movement sector.

How much funding has Glocon raised?

Glocon has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

What's next for Glocon?

The recent substantial expansion capital injection positions Glocon for accelerated growth and enhanced operational capabilities. This strategic financing is expected to fuel advancements in its offshore manufacturing and engineering services, potentially leading to increased production capacity, technological innovation in air movement components, and broader market penetration. The company's trajectory suggests a focus on scaling its operations and solidifying its market position within the industrial manufacturing landscape.

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Frequently Asked Questions Regarding Glocon Financial Insights

What are the most recent funding rounds that Glocon has completed, and what were the funding rounds?
Glocon has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Glocon has raised to date?
Glocon has raised a total of $27K in funding to date.
How many funding rounds has Glocon completed?
Glocon has completed 1 funding rounds.
How much funding did Glocon raise in its most recent funding round?
Glocon raised $27K in its most recent funding round.
Who are the lead investors in Glocon's latest funding round?
The lead investor in Glocon'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 Glocon's history?
The largest funding round in Glocon's history was $27K.
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