How Much Did Purforms Raise?
Funding & Key Investors

Purforms, a specialist in custom polyurethane molding, has secured significant enterprise-level funding, with the total capital raised standing at $750K. The company recently announced a major strategic investment, bringing in $400K in new financing. This latest round of backing underscores the company's established trajectory and its importance in the advanced materials sector.

What is Purforms?

Purforms
ManufacturingPlastic, Packaging & Containers

PURforms excels in delivering high-quality, durable polyurethane parts through advanced Reaction Injection Molding (RIM) technology. Their comprehensive service offering spans product design and development, rapid prototyping, and production support, serving a broad clientele across the United States and North America. With a legacy of over 30 years, PURforms has cultivated a reputation for collaborative partnerships and efficient production cycles, ensuring timely delivery and adherence to stringent quality standards. The company positions itself as a dependable ally for businesses aiming to materialize their product concepts with speed and precision.

How much funding has Purforms raised?

Purforms has raised a total of $750K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$400K

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

Debt (2021): $400K led by PPP

What's next for Purforms?

The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Purforms. This capital infusion is expected to fuel further expansion of their manufacturing capabilities, enhance their technological infrastructure for RIM processes, and potentially broaden their market reach. The company is likely to invest in research and development to innovate new polyurethane formulations and applications, solidifying its competitive edge. This strategic backing will enable Purforms to scale its operations, meet increasing demand for custom molded parts, and reinforce its position as a leader in the specialized polyurethane molding industry.

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Frequently Asked Questions Regarding Purforms Financial Insights

What are the most recent funding rounds that Purforms has completed, and what were the funding rounds?
Purforms has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Purforms has raised to date?
Purforms has raised a total of $750K in funding to date.
How many funding rounds has Purforms completed?
Purforms has completed 2 funding rounds.
How much funding did Purforms raise in its most recent funding round?
Purforms raised $400K in its most recent funding round.
Who are the lead investors in Purforms's latest funding round?
The lead investor in Purforms'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 Purforms's history?
The largest funding round in Purforms's history was $400K.
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