How Much Did Litsco Raise?
Funding & Key Investors

Litsco, a cornerstone of the New York construction supply landscape, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest infusion of $350K underscores the firm's enduring relevance in the commercial building sector, providing the necessary liquidity to navigate complex market cycles. By leveraging this recent financing, the company reinforces its position as a critical supplier for large-scale infrastructure and architectural projects across the region.

What is Litsco?

Litsco
ManufacturingBuilding MaterialsHome Improvement & Hardware Retail

Established in 1918, Long Island Tinsmith Supply Corporation, known as Litsco, operates as a comprehensive manufacturer and distributor of high-performance sheet metal, roofing, and waterproofing solutions. The company serves as a vital link in the commercial construction supply chain, offering a diverse portfolio that spans from parapet wall components to intricate flashing and siding systems. With over a century of operational expertise, Litsco has cultivated a reputation for reliability among contractors, architects, and building owners, effectively positioning itself as a one-stop service provider for complex building envelope requirements in the competitive New York metropolitan market.

How much funding has Litsco raised?

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

2020

Debt

$350K

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

Key Investors in Litsco

PPP

Public-Private Partnership

What's next for Litsco?

With the recent capital injection, Litsco is well-positioned to optimize its manufacturing throughput and expand its distribution capabilities to meet the evolving demands of modern urban development. The strategic allocation of these funds will likely focus on enhancing supply chain resilience and integrating advanced material technologies to maintain its competitive edge. As the construction industry shifts toward more sustainable and durable building practices, Litsco's focus on high-quality metal fabrication and waterproofing systems will be instrumental in securing its long-term growth trajectory and maintaining its status as a preferred partner for major commercial developments.

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Frequently Asked Questions Regarding Litsco Financial Insights

What are the most recent funding rounds that Litsco has completed, and what were the funding rounds?
Litsco has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Litsco has raised to date?
Litsco has raised a total of $350K in funding to date.
How many funding rounds has Litsco completed?
Litsco has completed 1 funding rounds.
How much funding did Litsco raise in its most recent funding round?
Litsco raised $350K in its most recent funding round.
Who are the lead investors in Litsco's latest funding round?
The lead investor in Litsco'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 Litsco's history?
The largest funding round in Litsco's history was $350K.
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