What is Master Spas?
Master Spas, headquartered in Fort Wayne, Indiana, stands as the world's largest manufacturer of portable spas, hot tubs, and swim spas. Operating from an expansive 583,000-square-foot facility on a 45-acre campus, the company prides itself on U.S.A.-based manufacturing. Its executive leadership team brings over 150 years of combined experience in spa production, reflecting a deep-seated expertise and a proven track record within the industry.
How much funding has Master Spas raised?
Master Spas has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
What's next for Master Spas?
The recent major strategic investment signals a pivotal moment for Master Spas, likely enabling further scaling of operations, potential product innovation, and expanded market reach. This capital infusion is expected to bolster the company's leadership in the competitive spa and hot tub sector, facilitating continued growth and reinforcing its manufacturing prowess.
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