How Much Did Kenneth Smith Raise?
Funding & Key Investors

Kenneth Smith Inc has successfully secured a significant capital injection, marking a pivotal moment in its long-standing operational history. With a total funding accumulation of $350K, the firm has bolstered its balance sheet through a recent funding event totaling $350K. This major strategic investment underscores the company's resilience and its critical role in the regional infrastructure supply chain, providing the necessary liquidity to navigate complex market demands in the construction and logistics sectors.

What is Kenneth Smith?

Kenneth Smith
Minerals & MiningTransportationTrucking, Moving & Storage

Founded in 1967 and headquartered in Niles, Michigan, Kenneth Smith Inc serves as a cornerstone provider of construction aggregates and specialized trucking services. The company maintains a robust market position by supplying essential materials to asphalt plants, concrete manufacturers, and major state-level infrastructure projects across Southwest Michigan, Northern Indiana, and the Chicago metropolitan area. By integrating high-quality material sourcing with reliable logistics, the firm supports the operational requirements of state departments of transportation and county road commissions, cementing its reputation as a vital partner in regional development.

How much funding has Kenneth Smith raised?

Kenneth Smith has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Kenneth Smith

PPP

Public-Private Partnership

What's next for Kenneth Smith?

The infusion of capital positions Kenneth Smith Inc to scale its operational capacity and address the growing demand for infrastructure materials. As the company transitions through this late-stage funding phase, strategic priorities will likely include the modernization of its trucking fleet and the expansion of its aggregate processing capabilities. By leveraging this financial backing, the firm is well-equipped to enhance its service delivery, optimize supply chain efficiencies, and continue its legacy of supporting large-scale construction projects while maintaining the rigorous standards required by its diverse client base.

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Frequently Asked Questions Regarding Kenneth Smith Financial Insights

What are the most recent funding rounds that Kenneth Smith has completed, and what were the funding rounds?
Kenneth Smith has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Kenneth Smith has raised to date?
Kenneth Smith has raised a total of $350K in funding to date.
How many funding rounds has Kenneth Smith completed?
Kenneth Smith has completed 1 funding rounds.
How much funding did Kenneth Smith raise in its most recent funding round?
Kenneth Smith raised $350K in its most recent funding round.
Who are the lead investors in Kenneth Smith's latest funding round?
The lead investor in Kenneth Smith'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 Kenneth Smith's history?
The largest funding round in Kenneth Smith's history was $350K.
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