How Much Did Metro Tile Raise?
Funding & Key Investors

Metro Tile, a prominent player in the commercial and residential stone installation sector, has successfully secured a major strategic investment. This latest capital injection, totaling $350K, underscores the firm's robust market position and its capacity to execute large-scale infrastructure projects across the Western United States. With a cumulative financial backing of $350K, the company is well-positioned to leverage its long-standing operational history to capture further market share in the competitive construction services landscape.

What is Metro Tile?

Metro Tile
ConstructionConstruction Management

Founded in the 1970s and headquartered in Salt Lake City, Utah, Metro Tile has established itself as a cornerstone of the regional construction industry. The company specializes in high-precision tile and stone installation, adhering strictly to the rigorous standards set by The Tile Council of North America and The Marble Institute of America. By prioritizing workforce development and the adoption of cutting-edge installation methodologies, Metro Tile maintains a competitive edge in delivering complex projects on time and within budget. Their service footprint spans the Western United States, serving a diverse portfolio of commercial and residential clients who demand technical excellence and structural integrity.

How much funding has Metro Tile raised?

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

2020

Debt

$350K

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

Key Investors in Metro Tile

PPP

Public-Private Partnership

What's next for Metro Tile?

Following this significant late-stage funding round, Metro Tile is poised to accelerate its strategic growth initiatives. The influx of capital will likely be directed toward scaling operational capacity, enhancing technical training programs, and potentially expanding its geographic reach to meet the rising demand for high-quality masonry and tile services. As the company navigates the complexities of the modern construction market, this financial backing provides the necessary liquidity to invest in advanced installation technologies and maintain its commitment to industry-leading quality standards. Future growth will likely focus on optimizing project delivery cycles and strengthening the company's reputation as a premier provider of stone and tile solutions in the Western U.S. market.

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Frequently Asked Questions Regarding Metro Tile Financial Insights

What are the most recent funding rounds that Metro Tile has completed, and what were the funding rounds?
Metro Tile has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Metro Tile has raised to date?
Metro Tile has raised a total of $350K in funding to date.
How many funding rounds has Metro Tile completed?
Metro Tile has completed 1 funding rounds.
How much funding did Metro Tile raise in its most recent funding round?
Metro Tile raised $350K in its most recent funding round.
Who are the lead investors in Metro Tile's latest funding round?
The lead investor in Metro Tile'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 Metro Tile's history?
The largest funding round in Metro Tile's history was $350K.
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