How Much Did Merola Tile Raise?
Funding & Key Investors

Merola Tile has secured $350K in total capital, with its most recent financing round yielding $350K in a major strategic investment. This significant backing underscores the company's established position in the wholesale flooring distribution market.

What is Merola Tile?

Merola Tile
RetailHome Improvement & Hardware Retail

Founded in 1988 and headquartered in Amityville, New York, Merola Tile operates as a wholesale distributor of a diverse range of flooring products. The company's extensive catalog includes ceramic, porcelain, glass mosaic, and wood plank tiles, catering to various market needs. Merola Tile's long-standing presence and comprehensive product offering position it as a key player in the building materials sector.

How much funding has Merola Tile raised?

Merola Tile has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Merola Tile?

The recent large-scale, late-stage funding indicates Merola Tile is poised for significant expansion and strategic initiatives. This capital infusion is likely to fuel growth in market reach, product development, or operational enhancements, solidifying its competitive edge in the wholesale tile distribution industry. The company's trajectory suggests a focus on scaling its operations and potentially exploring new distribution channels or product lines.

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Frequently Asked Questions Regarding Merola Tile Financial Insights

What are the most recent funding rounds that Merola Tile has completed, and what were the funding rounds?
Merola Tile has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Merola Tile has raised to date?
Merola Tile has raised a total of $350K in funding to date.
How many funding rounds has Merola Tile completed?
Merola Tile has completed 1 funding rounds.
How much funding did Merola Tile raise in its most recent funding round?
Merola Tile raised $350K in its most recent funding round.
Who are the lead investors in Merola Tile's latest funding round?
The lead investor in Merola 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 Merola Tile's history?
The largest funding round in Merola Tile's history was $350K.
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