How Much Did Panels Plus Raise?
Funding & Key Investors

Panels Plus, a prominent contractor in the cold storage construction sector, has secured $905K in total capital, with its most recent financing round bringing in $555K. This significant enterprise-level funding underscores the company's established position and strategic growth initiatives within the specialized field of cold storage solutions.

The company's latest financial infusion, characterized as a major strategic investment, signals a commitment to further expansion and operational enhancement. This backing is crucial for a company operating in a niche market requiring specialized expertise and robust infrastructure.

What is Panels Plus?

Panels Plus
ConstructionConstruction ManagementArchitecture, Engineering & Design

Panels Plus, Inc. is a seasoned contractor with over 33 years of experience, specializing in the design/build, renovation, installation, and defect resolution for critical facilities such as warehouses, industrial coolers, and food processing plants. Their expertise extends to enhancing client ROI through innovative cold storage solutions, including readily available insulated metal panels and cold storage doors. As a qualified Union Contractor, Panels Plus emphasizes safety and cleanliness in its operations, particularly within food-related environments, serving clients across the cold storage warehousing and distribution industries.

How much funding has Panels Plus raised?

Panels Plus has raised a total of $905K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$555K

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

Debt (2021): $555K led by PPP

Key Investors in Panels Plus

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participated in the funding round, contributing to the overall capital raised by Panels Plus. Their involvement highlights the continued interest in the company's specialized services.

What's next for Panels Plus?

With the recent major strategic investment and substantial overall capital, Panels Plus is poised for accelerated growth and enhanced service delivery. This enterprise-level backing is expected to fuel advancements in their design and build capabilities, potentially expanding their market reach and product offerings. The company's focus on specialized cold storage construction, coupled with its experienced team and commitment to quality, positions it favorably to capitalize on the increasing demand for sophisticated warehousing and food processing infrastructure. Future developments may include technological integration for improved efficiency and further strengthening their position as a leader in the cold storage sector.

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Frequently Asked Questions Regarding Panels Plus Financial Insights

What are the most recent funding rounds that Panels Plus has completed, and what were the funding rounds?
Panels Plus has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on May 1, 2020.
What is the total amount of funding Panels Plus has raised to date?
Panels Plus has raised a total of $905K in funding to date.
How many funding rounds has Panels Plus completed?
Panels Plus has completed 2 funding rounds.
How much funding did Panels Plus raise in its most recent funding round?
Panels Plus raised $555K in its most recent funding round.
Who are the lead investors in Panels Plus's latest funding round?
The lead investor in Panels Plus'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 Panels Plus's history?
The largest funding round in Panels Plus's history was $555K.
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