How Much Did Modern Surfaces Raise?
Funding & Key Investors

Modern Surfaces has secured $26K in total funding, with a recent capital injection of $26K designated for substantial expansion. This financing round, occurring around February 13, 2021, signifies a significant growth phase for the Northwest-based wholesale flooring company, likely positioning it at a Series B/C stage of development. The infusion of capital is expected to fuel strategic initiatives aimed at broadening market reach and enhancing operational capabilities within the competitive flooring sector.

What is Modern Surfaces?

Modern Surfaces
RetailHome Improvement & Hardware Retail

Modern Surfaces operates as a wholesale provider specializing in distinctive and original flooring designs. Their comprehensive product catalog includes tile, mosaics, natural stone, and wood flooring, all backed by a commitment to superior customer service and efficient project completion, facilitated by local stock availability. The company targets contractors, designers, and homeowners seeking premium, human-centered flooring solutions. Their focus on unique designs and reliable service positions them as a key player in the regional market.

How much funding has Modern Surfaces raised?

Modern Surfaces has raised a total of $26K across 1 funding round:

2021

Debt

$26K

Debt (2021): $26K with participation from PPP

Key Investors in Modern Surfaces

PPP

Public-Private Partnership

What's next for Modern Surfaces?

With the recent influx of expansion capital, Modern Surfaces is poised for significant growth. The company is likely to leverage this investment to scale its operations, potentially expanding its product lines, enhancing its distribution network, and increasing its marketing efforts to capture a larger market share. Strategic partnerships and technological advancements in inventory management or design visualization could also be areas of focus. This funding underscores investor confidence in Modern Surfaces' business model and its capacity to innovate and lead in the premium flooring market.

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Frequently Asked Questions Regarding Modern Surfaces Financial Insights

What are the most recent funding rounds that Modern Surfaces has completed, and what were the funding rounds?
Modern Surfaces has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding Modern Surfaces has raised to date?
Modern Surfaces has raised a total of $26K in funding to date.
How many funding rounds has Modern Surfaces completed?
Modern Surfaces has completed 1 funding rounds.
How much funding did Modern Surfaces raise in its most recent funding round?
Modern Surfaces raised $26K in its most recent funding round.
Who are the lead investors in Modern Surfaces's latest funding round?
The lead investor in Modern Surfaces'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 Modern Surfaces's history?
The largest funding round in Modern Surfaces's history was $26K.
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