How Much Did Interstate Plastics Raise?
Funding & Key Investors

Interstate Plastics has secured $2M in total capital, with its most recent financing round bringing in $2M. This major strategic investment underscores the company's significant enterprise-level funding trajectory, positioning it for continued expansion in the plastics distribution and manufacturing sector.

The company's funding history, which includes a notable debt financing of $2 million on April 10, 2020, indicates a pattern of strategic financial management aimed at bolstering its operational capabilities and market reach.

What is Interstate Plastics?

Interstate Plastics
RetailHome Improvement & Hardware RetailBuilding Materials

Interstate Plastics, formally known as Interstate Advanced Materials, operates as a comprehensive distributor of plastic sheet, rod, tube, bar, film, profile, and associated accessories. With a robust national presence spanning 10 locations and supported by an online sales and support team, the company offers a spectrum of services from full sheet and pallet distribution to precise cut-to-size and complex CNC manufacturing. Interstate Plastics has cultivated a strong reputation built on delivering high-quality products, exceptional customer service, and superior technical support, making it a reliable partner for a diverse range of industrial and commercial clients.

How much funding has Interstate Plastics raised?

Interstate Plastics has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Interstate Plastics

PPP

Public-Private Partnership

What's next for Interstate Plastics?

The recent major strategic investment in Interstate Plastics signals a pivotal moment for the company, likely enabling accelerated growth initiatives and enhanced service offerings. This capital infusion is expected to fuel further expansion of its distribution network, investment in advanced manufacturing technologies, and potentially broaden its product portfolio. The company's established reputation for quality and service, combined with this strategic backing, positions Interstate Plastics to solidify its market leadership and explore new avenues for innovation and customer engagement within the dynamic plastics industry.

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Frequently Asked Questions Regarding Interstate Plastics Financial Insights

What are the most recent funding rounds that Interstate Plastics has completed, and what were the funding rounds?
Interstate Plastics has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Interstate Plastics has raised to date?
Interstate Plastics has raised a total of $2M in funding to date.
How many funding rounds has Interstate Plastics completed?
Interstate Plastics has completed 1 funding rounds.
How much funding did Interstate Plastics raise in its most recent funding round?
Interstate Plastics raised $2M in its most recent funding round.
Who are the lead investors in Interstate Plastics's latest funding round?
The lead investor in Interstate Plastics'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 Interstate Plastics's history?
The largest funding round in Interstate Plastics's history was $2M.
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