How Much Did Ice Raise?
Funding & Key Investors

Ice, a Wilmington, NC-based provider of industrial cleaning equipment and specialty chemicals, has secured significant capital, with total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its established market presence and growth trajectory in the industrial sector. This latest financing round signifies a critical juncture for Ice as it continues to scale its operations and expand its product offerings in custom pressure equipment and cleaning solutions.

What is Ice?

Ice
Consumer ServicesRepair ServicesCleaning Products

Ice, founded in 1974 and headquartered in Wilmington, North Carolina, specializes in the manufacturing and distribution of industrial cleaning equipment and chemicals. The company's comprehensive product line includes various pressure washers, water treatment systems, industrial heaters, and a broad spectrum of cleaning chemicals. Committed to the principles established by its founder, Larry Gay, Ice prioritizes exceptional customer service, fostering a family-like relationship with its clientele. The company serves a diverse industrial market, providing high-quality solutions tailored to specific cleaning needs.

How much funding has Ice raised?

Ice has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Ice?

The recent large-scale, late-stage funding infusion positions Ice for accelerated growth and strategic expansion. This capital injection is expected to fuel advancements in product development, enhance manufacturing capabilities, and broaden market reach. As a company with a long-standing legacy, this strategic investment signals confidence from financial backers in Ice's business model and its potential to capture a larger share of the industrial cleaning solutions market. Future initiatives may include technological innovation in their equipment and chemical formulations, as well as potential acquisitions to complement their existing service offerings.

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Frequently Asked Questions Regarding Ice Financial Insights

What are the most recent funding rounds that Ice has completed, and what were the funding rounds?
Ice has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Ice has raised to date?
Ice has raised a total of $150K in funding to date.
How many funding rounds has Ice completed?
Ice has completed 1 funding rounds.
How much funding did Ice raise in its most recent funding round?
Ice raised $150K in its most recent funding round.
Who are the lead investors in Ice's latest funding round?
The lead investor in Ice'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 Ice's history?
The largest funding round in Ice's history was $150K.
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