How Much Did Performance Elastomers Raise?
Funding & Key Investors

Performance Elastomers has secured $1.2M in total capital, with a recent strategic investment of $876K. This enterprise-level financing underscores the company's established position in the custom elastomer product market, known for its comprehensive secondary processes and in-house tool and die capabilities.

What is Performance Elastomers?

Performance Elastomers
ManufacturingTires & Rubber

Performance Elastomers Corporation specializes in the custom manufacturing of rubber, silicone, and thermoplastic elastomer products. The company distinguishes itself through extensive in-house capabilities, including secondary processing and tool and die creation, enabling it to deliver uncompromising quality and tailored solutions. Its products serve a diverse range of markets, finding applications in industrial, architectural, and recreational sectors, highlighting its versatility and deep industry expertise.

How much funding has Performance Elastomers raised?

Performance Elastomers has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$876K

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

Debt (2021): $876K led by PPP

What's next for Performance Elastomers?

The recent major strategic investment signals a new phase of growth and development for Performance Elastomers. This capital infusion is expected to fuel expansion initiatives, potentially enhancing production capacity, exploring new market segments, or advancing technological capabilities. The company's strong foundation in quality and custom solutions positions it for continued success and market leadership in the advanced materials sector.

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Frequently Asked Questions Regarding Performance Elastomers Financial Insights

What are the most recent funding rounds that Performance Elastomers has completed, and what were the funding rounds?
Performance Elastomers has recently completed 2 funding rounds: Debt on Feb 14, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Performance Elastomers has raised to date?
Performance Elastomers has raised a total of $1.2M in funding to date.
How many funding rounds has Performance Elastomers completed?
Performance Elastomers has completed 2 funding rounds.
How much funding did Performance Elastomers raise in its most recent funding round?
Performance Elastomers raised $876K in its most recent funding round.
Who are the lead investors in Performance Elastomers's latest funding round?
The lead investor in Performance Elastomers'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 Performance Elastomers's history?
The largest funding round in Performance Elastomers's history was $876K.
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