What is Millers?
Millers offers a comprehensive range of insulation products, including fiberglass, cellulose, and spray foam, catering to diverse insulation projects for both residential and commercial properties. The company's expertise, honed since its inception in 1985, focuses on enhancing building comfort and reducing utility costs by mitigating heat exchange during extreme weather conditions. Their services aim to alleviate the strain on heating and cooling systems, thereby lowering energy expenditures through effective insulation of walls, attics, basements, and floors. Millers assists clients in selecting the optimal insulation type—fiberglass batts, blown-in, cellulose, or spray foam—aligned with their specific needs and budgetary constraints.
How much funding has Millers raised?
Millers has raised a total of $443K across 2 funding rounds:
Debt
$150K
Debt
$293K
Debt (2020): $150K with participation from PPP
Debt (2021): $293K led by PPP
Key Investors in Millers
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Millers?
The recent major strategic investment signifies a pivotal moment for Millers, indicating a strong market validation and providing the necessary capital for further expansion and operational enhancement. As a company with a long-standing history, this influx of financing, part of its $443K in overall backing, suggests a strategic push into new markets or the development of advanced insulation technologies. This capital infusion is expected to bolster Millers' competitive edge and accelerate its growth initiatives within the energy efficiency sector.
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