How Much Did Ocean Fireproofing Raise?
Funding & Key Investors

Ocean Fireproofing has secured significant capital, with a total funding amount of $371K. The company recently announced a major strategic investment of $221K, underscoring its established position in the fireproofing sector. This latest financing round, occurring on March 18, 2021, follows previous debt financing rounds, indicating a strategic shift or expansion phase for the company.

What is Ocean Fireproofing?

Ocean Fireproofing
ConstructionConstruction Management

Ocean Fireproofing is a certified contractor specializing in advanced fireproofing solutions, including spray-applied cementitious and intumescent coatings. The company serves a diverse range of commercial and industrial clients across sectors such as aviation, hospitality, healthcare, and government. Their comprehensive service offering covers new construction, retrofitting, and repair work, emphasizing a commitment to quality and client satisfaction. This focus has positioned Ocean Fireproofing as a reliable partner in ensuring structural safety and compliance within the construction industry.

How much funding has Ocean Fireproofing raised?

Ocean Fireproofing has raised a total of $371K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$221K

Debt (2020): $150K with participation from PPP

Debt (2021): $221K led by PPP

Key Investors in Ocean Fireproofing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Ocean Fireproofing?

With substantial backing and a clear market niche, Ocean Fireproofing is poised for continued growth and operational scaling. The recent strategic investment suggests a focus on expanding service capabilities, market reach, or technological advancements in fireproofing materials and application. This capital infusion will likely enable the company to pursue larger-scale projects and solidify its competitive advantage in a sector where safety and reliability are paramount. Future developments may include strategic partnerships or acquisitions to further enhance their service portfolio and geographic presence.

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Frequently Asked Questions Regarding Ocean Fireproofing Financial Insights

What are the most recent funding rounds that Ocean Fireproofing has completed, and what were the funding rounds?
Ocean Fireproofing has recently completed 2 funding rounds: Debt on Mar 18, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Ocean Fireproofing has raised to date?
Ocean Fireproofing has raised a total of $371K in funding to date.
How many funding rounds has Ocean Fireproofing completed?
Ocean Fireproofing has completed 2 funding rounds.
How much funding did Ocean Fireproofing raise in its most recent funding round?
Ocean Fireproofing raised $221K in its most recent funding round.
Who are the lead investors in Ocean Fireproofing's latest funding round?
The lead investor in Ocean Fireproofing'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 Ocean Fireproofing's history?
The largest funding round in Ocean Fireproofing's history was $221K.
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