What is Morgro?
Morgro, Inc. is a prominent provider of high-quality ice melters and lawn care products, serving a broad customer base across the United States and Canada. The company is recognized for its leading ice melt brand, Sno Plow, which is valued for its cost-effectiveness and operational efficiency. Morgro also offers Ice Fighter Plus, a premium ice melt solution designed to minimize damage to concrete surfaces. In addition to its winter product lines, Morgro develops specialized lawn and garden solutions tailored to the specific environmental conditions of the western region. The company supports its product portfolio with comprehensive sales enablement resources, including detailed pricing sheets and informative demonstration videos for its sales representatives.
How much funding has Morgro raised?
Morgro has raised a total of $376K across 2 funding rounds:
Debt
$150K
Debt
$226K
Debt (2020): $150K with participation from PPP
Debt (2021): $226K led by PPP
Key Investors in Morgro
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Morgro?
With the recent influx of capital from a major strategic investment, Morgro is well-positioned to accelerate its growth initiatives. This large-scale, late-stage funding suggests a focus on scaling operations, expanding market reach, and potentially investing in product innovation or strategic acquisitions. The company's established brands and diverse product offerings provide a solid foundation for leveraging this investment to further solidify its market leadership in both the ice melt and lawn care sectors.
See full Morgro company page