How Much Did McDaniels Kitchen & Bath Raise?
Funding & Key Investors

McDaniels Kitchen & Bath has secured $405K in total capital, with its most recent financing round bringing in $255K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the competitive home improvement sector.

What is McDaniels Kitchen & Bath?

McDaniels Kitchen & Bath
ManufacturingBuilding MaterialsArchitecture, Engineering & Design

McDaniels Kitchen & Bath is a seasoned provider of custom kitchen and bathroom remodeling services, boasting over six decades of operational experience in Lansing, Michigan. The company offers a comprehensive suite of products, including cabinetry, countertops, flooring, and plumbing fixtures, serving both the builder and retail markets. Their approach emphasizes personalized design consultations and a diverse selection of materials, aiming to deliver functional, stylish, and stress-free remodeling experiences for their clientele, whether they engage their own contractors or opt for McDaniels' installation partners.

How much funding has McDaniels Kitchen & Bath raised?

McDaniels Kitchen & Bath has raised a total of $405K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$255K

Debt (2020): $150K with participation from PPP

Debt (2021): $255K led by PPP

Key Investors in McDaniels Kitchen & Bath

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for McDaniels Kitchen & Bath?

The substantial large-scale late-stage funding indicates McDaniels Kitchen & Bath is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel strategic initiatives such as market penetration, service diversification, technology adoption for design and project management, and potentially geographic expansion. The company's long-standing history suggests a focus on leveraging this investment to solidify its market leadership and further enhance its customer remodeling journey.

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Frequently Asked Questions Regarding McDaniels Kitchen & Bath Financial Insights

What are the most recent funding rounds that McDaniels Kitchen & Bath has completed, and what were the funding rounds?
McDaniels Kitchen & Bath has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 14, 2020.
What is the total amount of funding McDaniels Kitchen & Bath has raised to date?
McDaniels Kitchen & Bath has raised a total of $405K in funding to date.
How many funding rounds has McDaniels Kitchen & Bath completed?
McDaniels Kitchen & Bath has completed 2 funding rounds.
How much funding did McDaniels Kitchen & Bath raise in its most recent funding round?
McDaniels Kitchen & Bath raised $255K in its most recent funding round.
Who are the lead investors in McDaniels Kitchen & Bath's latest funding round?
The lead investor in McDaniels Kitchen & Bath'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 McDaniels Kitchen & Bath's history?
The largest funding round in McDaniels Kitchen & Bath's history was $255K.
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