How Much Did Quality Tile Raise?
Funding & Key Investors

Quality Tile has successfully secured a significant capital injection, bringing its cumulative financing to $371K. This latest infusion, characterized by a $221K strategic investment, underscores the company's robust growth trajectory within the home improvement and construction materials sector. By leveraging debt financing, the firm continues to solidify its operational foundation, ensuring that its factory-direct model remains competitive in an increasingly fragmented market landscape.

What is Quality Tile?

Quality Tile
RetailHome Improvement & Hardware Retail

Quality Tile Corp. operates as a premier provider of high-end surfacing solutions, offering an extensive inventory that spans marble, travertine, granite, ceramic, and porcelain. With a sprawling 10,000 square-foot showroom, the company serves as a critical supply chain node for homeowners, contractors, and professional builders. By maintaining a factory-direct pricing strategy, Quality Tile effectively bridges the gap between wholesale manufacturing and retail accessibility, positioning itself as a dominant player in both residential and commercial interior design markets. Their specialization in indoor and outdoor natural stone applications for kitchens and bathrooms provides a distinct competitive advantage in the home renovation industry.

How much funding has Quality Tile raised?

Quality Tile has raised a total of $371K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$221K

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

Debt (2021): $221K led by PPP

Key Investors in Quality Tile

PPP

Public-Private Partnership

What's next for Quality Tile?

With this latest capital deployment, Quality Tile is well-positioned to scale its logistics infrastructure and expand its showroom footprint. The strategic focus will likely shift toward optimizing supply chain efficiencies and enhancing digital procurement capabilities to better serve its diverse client base of builders and designers. As the company navigates the complexities of late-stage growth, the emphasis will remain on maintaining high-quality inventory standards while scaling operations to meet the rising demand for premium natural stone materials. Future initiatives may include further diversification of their product catalog and potential geographic expansion to capture additional market share in key urban development hubs.

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Frequently Asked Questions Regarding Quality Tile Financial Insights

What are the most recent funding rounds that Quality Tile has completed, and what were the funding rounds?
Quality Tile has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Quality Tile has raised to date?
Quality Tile has raised a total of $371K in funding to date.
How many funding rounds has Quality Tile completed?
Quality Tile has completed 2 funding rounds.
How much funding did Quality Tile raise in its most recent funding round?
Quality Tile raised $221K in its most recent funding round.
Who are the lead investors in Quality Tile's latest funding round?
The lead investor in Quality Tile'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 Quality Tile's history?
The largest funding round in Quality Tile's history was $221K.
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