How Much Did Primo Granite Raise?
Funding & Key Investors

Primo Granite has secured $21K in total financing, with a recent capital injection of $21K designated for substantial expansion. This funding round places the company at a significant Series B/C stage, signaling a period of accelerated growth and market penetration in the custom stone fabrication and installation sector.

The company's latest financing event, occurring on January 21, 2021, was a debt financing round totaling $21 million, underscoring its established financial operations and capacity for leveraging debt for strategic objectives.

What is Primo Granite?

Primo Granite
ManufacturingBuilding MaterialsConstruction Management

Primo Granite, based in Commerce Township, MI, is a specialist in the fabrication and installation of premium kitchen countertops, bathroom surfaces, and fireplaces. Established in 1999, the company has built a reputation for delivering custom solutions with a strong emphasis on personal attention to detail, utilizing materials such as granite, marble, and quartz. They offer a diverse selection of stone products, sourced both from their own inventory and through partnerships with regional wholesalers, ensuring competitive pricing for homeowners seeking to enhance their living spaces with high-quality, bespoke stone applications.

How much funding has Primo Granite raised?

Primo Granite has raised a total of $21K across 1 funding round:

2021

Debt

$21K

Debt (2021): $21K with participation from PPP

Key Investors in Primo Granite

PPP

Public-Private Partnership

What's next for Primo Granite?

With the recent influx of expansion capital, Primo Granite is poised for significant operational scaling and market outreach. The company's strategic focus will likely involve enhancing its fabrication capabilities, expanding its product sourcing network, and potentially increasing its geographic reach within Michigan and beyond. This investment will enable Primo Granite to capitalize on the growing demand for custom home improvement solutions, reinforcing its position as a leading provider of granite and marble countertops and surfaces. The company's trajectory suggests a continued commitment to quality and customer service as it navigates this growth phase.

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Frequently Asked Questions Regarding Primo Granite Financial Insights

What are the most recent funding rounds that Primo Granite has completed, and what were the funding rounds?
Primo Granite has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Primo Granite has raised to date?
Primo Granite has raised a total of $21K in funding to date.
How many funding rounds has Primo Granite completed?
Primo Granite has completed 1 funding rounds.
How much funding did Primo Granite raise in its most recent funding round?
Primo Granite raised $21K in its most recent funding round.
Who are the lead investors in Primo Granite's latest funding round?
The lead investor in Primo Granite'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 Primo Granite's history?
The largest funding round in Primo Granite's history was $21K.
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