How Much Did Mosaic Tile Raise?
Funding & Key Investors

Mosaic Tile has secured $2M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This significant backing underscores the company's established presence and strategic growth initiatives within the competitive tile distribution market.

What is Mosaic Tile?

Mosaic Tile
RetailHome Improvement & Hardware Retail

Founded in 1972 by Bob Hughes Sr. and now led by his son Robby Hughes, Mosaic Tile is a prominent independent tile distributor headquartered in Chantilly, Virginia. The company has cultivated a strong reputation over nearly five decades for providing high-quality, unique tiles for bathrooms and kitchens, emphasizing exceptional customer service. Operating across Maryland, Virginia, North Carolina, West Virginia, Delaware, and Washington, D.C., Mosaic Tile serves a broad customer base through its 10 locations and a team of over 150 employees. The company's strategic partnerships with global manufacturers enable it to offer a diverse range of top-tier products, including semi-custom and custom cabinetry, positioning it as a key player in the home improvement and interior design sector.

How much funding has Mosaic Tile raised?

Mosaic Tile has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Mosaic Tile

PPP

Public-Private Partnership

What's next for Mosaic Tile?

The recent major strategic investment signals Mosaic Tile's intent to further solidify its market leadership and potentially expand its operational footprint or product offerings. This enterprise-level funding will likely fuel initiatives aimed at enhancing customer experience, optimizing supply chain logistics, and exploring new market opportunities. With a solid foundation built on quality and service, Mosaic Tile is poised for continued growth and innovation in the Mid-Atlantic region's home renovation and construction landscape.

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Frequently Asked Questions Regarding Mosaic Tile Financial Insights

What are the most recent funding rounds that Mosaic Tile has completed, and what were the funding rounds?
Mosaic Tile has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding Mosaic Tile has raised to date?
Mosaic Tile has raised a total of $2M in funding to date.
How many funding rounds has Mosaic Tile completed?
Mosaic Tile has completed 1 funding rounds.
How much funding did Mosaic Tile raise in its most recent funding round?
Mosaic Tile raised $2M in its most recent funding round.
Who are the lead investors in Mosaic Tile's latest funding round?
The lead investor in Mosaic 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 Mosaic Tile's history?
The largest funding round in Mosaic Tile's history was $2M.
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