How Much Did MTS Custom Coating Raise?
Funding & Key Investors

MTS Custom Coating has secured $19K in total investment, with a recent infusion of moderate growth capital amounting to $19K. This strategic financing positions the company for its next phase of expansion within the specialized industrial coatings sector.

The company's latest funding round, which occurred on January 21, 2021, was a debt financing of $19M from an entity identified as PPP. This debt capital is expected to support operational scaling and market penetration efforts.

What is MTS Custom Coating?

MTS Custom Coating
ManufacturingBuilding MaterialsAutomotive Service & Collision Repair

MTS Custom Coating specializes in providing comprehensive coating solutions for a wide array of ferrous and non-ferrous substrates, including steel, aluminum, stainless steel, cast iron, and die castings. The company offers powder coatings in a diverse palette of colors and textures, tailored for specific applications such as UL-rated, FDA-approved, and UV-resistant finishes. Notably, MTS Custom Coating has received training and support from Powder Xpress in Tennessee, a partner of RTM Productions and SPIKE Television, aligning the company with prominent media outlets like "Car and Driver Television," "Horsepower TV," and "Trucks." Owned by Mike and Tracey Simons, MTS Custom Coating aims to be the premier hometown powder coating solution.

How much funding has MTS Custom Coating raised?

MTS Custom Coating has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

Key Investors in MTS Custom Coating

PPP

Public-Private Partnership

What's next for MTS Custom Coating?

As MTS Custom Coating operates within a Series A/B growth stage, the recent capital infusion is anticipated to fuel further development of its service offerings and expand its market reach. The company's focus on specialized coatings, coupled with its strategic media partnerships, suggests a trajectory aimed at capturing a larger share of the industrial finishing market. Future investments will likely concentrate on enhancing production capacity, adopting advanced coating technologies, and potentially broadening its geographical footprint to serve a wider client base seeking high-quality, durable, and application-specific finishes.

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Frequently Asked Questions Regarding MTS Custom Coating Financial Insights

What are the most recent funding rounds that MTS Custom Coating has completed, and what were the funding rounds?
MTS Custom Coating has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding MTS Custom Coating has raised to date?
MTS Custom Coating has raised a total of $19K in funding to date.
How many funding rounds has MTS Custom Coating completed?
MTS Custom Coating has completed 1 funding rounds.
How much funding did MTS Custom Coating raise in its most recent funding round?
MTS Custom Coating raised $19K in its most recent funding round.
Who are the lead investors in MTS Custom Coating's latest funding round?
The lead investor in MTS Custom Coating'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 MTS Custom Coating's history?
The largest funding round in MTS Custom Coating's history was $19K.
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