How Much Did Panel Barn Raise?
Funding & Key Investors

Panel Barn, a long-standing leader in truss manufacturing and engineered products since 1973, has secured $343K in total capital. The company recently announced a significant strategic investment of $193K, underscoring its established position in the construction supply sector. This latest financing round follows previous debt financing, indicating a consistent need for capital to support its operations and growth.

What is Panel Barn?

Panel Barn
ManufacturingBuilding Materials

Panel Barn Lumber Co. specializes in the manufacturing of roof trusses, floor trusses, and a variety of engineered wood products. Serving the residential and commercial construction markets across Ohio, Indiana, and Kentucky, the company has built a reputation for quality solutions tailored to projects of all scales. Their commitment extends to providing excellent customer service, positioning them as a reliable partner for future construction endeavors.

How much funding has Panel Barn raised?

Panel Barn has raised a total of $343K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$193K

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

Debt (2021): $193K led by PPP

Key Investors in Panel Barn

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Panel Barn?

With the recent injection of capital, Panel Barn is poised for continued expansion and operational enhancement. The 'large-scale late-stage funding' context suggests a strategic move towards scaling production, potentially entering new geographic markets, or investing in advanced manufacturing technologies. This strategic investment, following prior debt rounds, signals confidence from financial partners in Panel Barn's business model and its capacity to meet the evolving demands of the construction industry.

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Frequently Asked Questions Regarding Panel Barn Financial Insights

What are the most recent funding rounds that Panel Barn has completed, and what were the funding rounds?
Panel Barn has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Panel Barn has raised to date?
Panel Barn has raised a total of $343K in funding to date.
How many funding rounds has Panel Barn completed?
Panel Barn has completed 2 funding rounds.
How much funding did Panel Barn raise in its most recent funding round?
Panel Barn raised $193K in its most recent funding round.
Who are the lead investors in Panel Barn's latest funding round?
The lead investor in Panel Barn'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 Panel Barn's history?
The largest funding round in Panel Barn's history was $193K.
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