How Much Did Packrite Raise?
Funding & Key Investors

Packrite, a prominent player in the custom manufacturing sector, has successfully secured a major strategic investment to bolster its operational capabilities. This latest infusion of capital, totaling $350K, underscores the company's robust market position and its commitment to scaling high-performance packaging solutions. With a cumulative financial backing of $350K, the firm is well-positioned to navigate the complexities of the modern supply chain while maintaining its reputation for precision and quality.

What is Packrite?

Packrite
ManufacturingPulp & PaperPlastic, Packaging & Containers

Headquartered in High Point, North Carolina, Packrite operates as a woman-owned, family-managed enterprise specializing in the production of custom corrugated packaging and folding cartons. The company distinguishes itself through a comprehensive suite of services, ranging from high-impact retail displays to specialized protective inserts designed for maximum product safety. By leveraging ISO 9001:2015 certified processes and state-of-the-art manufacturing technology, Packrite provides scalable solutions that cater to diverse industrial needs. Their market position is defined by a dual focus on aesthetic brand impact and structural integrity, ensuring that clients receive tailored packaging that meets rigorous performance standards.

How much funding has Packrite raised?

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

2020

Debt

$350K

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

Key Investors in Packrite

PPP

Public-Private Partnership

What's next for Packrite?

With the recent influx of capital, Packrite is poised to accelerate its strategic growth initiatives, likely focusing on technological upgrades and capacity expansion to meet rising demand for high-quality packaging. As the company transitions through this late-stage funding phase, the focus will shift toward optimizing production efficiency and expanding its footprint in the competitive packaging landscape. By integrating advanced manufacturing techniques, Packrite aims to solidify its role as a preferred partner for businesses requiring bespoke, reliable, and high-impact packaging solutions that drive consumer engagement and product protection.

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Frequently Asked Questions Regarding Packrite Financial Insights

What are the most recent funding rounds that Packrite has completed, and what were the funding rounds?
Packrite has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Packrite has raised to date?
Packrite has raised a total of $350K in funding to date.
How many funding rounds has Packrite completed?
Packrite has completed 1 funding rounds.
How much funding did Packrite raise in its most recent funding round?
Packrite raised $350K in its most recent funding round.
Who are the lead investors in Packrite's latest funding round?
The lead investor in Packrite'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 Packrite's history?
The largest funding round in Packrite's history was $350K.
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