What is Malmark?
Founded in 1973 by Jake Malta, Malmark has grown from a small operation to occupy nearly 46,000 square feet, becoming the world's foremost designer and manufacturer of musically tuned bronze handbells and handchimes. The company is renowned for its extensive range of instruments, meticulously matched to pitch within 4/100ths of a semitone on an A440 scale. Malmark serves a diverse clientele, including secular and faith-affiliated groups such as schools, churches, community organizations, and nursing homes, with its instruments also finding utility in music therapy. Notably, Malmark's percussion instruments have proven resilient and useful for continued music-making, even in environments impacted by the COVID-19 pandemic. As a family-owned and operated business, Malmark takes pride in its 'MADE IN AMERICA' commitment.
How much funding has Malmark raised?
Malmark has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Malmark
PPP
Public-Private Partnership
What's next for Malmark?
With the recent injection of $350K as part of its $350K in large-scale late-stage funding, Malmark is poised for continued expansion and product development. This strategic investment is expected to bolster its manufacturing capabilities, enhance its global distribution network, and potentially fuel further innovation in its specialized product lines. The company's focus on quality, custom tuning, and its unique market niche suggests a trajectory aimed at solidifying its leadership in the handbell and handchime industry, potentially exploring new applications for its instruments in therapeutic and educational settings.
See full Malmark company page