How Much Did Packrite Raise?
Funding & Key Investors

Packrite, a manufacturer specializing in custom corrugated packaging and folding cartons, has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment underscores the company's established position in the market and its trajectory for further development.

What is Packrite?

Packrite
ManufacturingPulp & PaperPlastic, Packaging & Containers

Headquartered in High Point, NC, Packrite is a woman-owned, family-operated business renowned for its comprehensive custom corrugated packaging and folding carton solutions. The company excels in producing high-impact displays, protective packaging, and specialty inserts, all engineered to enhance brand presence and product integrity. As an ISO 9001:2015 certified entity, Packrite leverages advanced technology to ensure precision, scalability, and superior quality in its offerings, catering to businesses seeking bespoke packaging that elevates product presentation and safety.

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?

The substantial backing, indicated by the $350K in total funding and the recent $350K strategic investment, positions Packrite for significant expansion. This capital infusion is expected to fuel advancements in manufacturing capabilities, potentially broaden its market reach, and enhance its product development pipeline. The company's focus on quality and tailored solutions, combined with this financial impetus, suggests a strategic push to solidify its leadership in the custom packaging sector.

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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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