How Much Did Reed Rigging Raise?
Funding & Key Investors

Reed Rigging has secured $380K in total capital, with its most recent financing round bringing in $230K. This significant strategic investment underscores the company's established presence and growth trajectory in the entertainment and theatrical rigging sector. The scale of this late-stage funding indicates a mature operational phase for the company.

What is Reed Rigging?

Reed Rigging
ManufacturingIndustrial Machinery & EquipmentOther Rental Stores (Furniture, A/V, Construction & Industrial Equipment)

Reed Rigging operates a specialized online store focused on entertainment and theatrical rigging equipment, complemented by comprehensive training services. The company offers a diverse product catalog, encompassing production rentals, sales of premium new equipment, and discounted clearance items. Reed Rigging is dedicated to serving professionals within the entertainment industry who require dependable rigging solutions and expert guidance, aiming to support projects from inception to completion with high-quality gear and specialized assistance.

How much funding has Reed Rigging raised?

Reed Rigging has raised a total of $380K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$230K

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

Debt (2021): $230K led by PPP

What's next for Reed Rigging?

The substantial large-scale, late-stage funding positions Reed Rigging for significant expansion and operational enhancement. This capital infusion is expected to fuel strategic initiatives, potentially including the expansion of its product lines, enhancement of its e-commerce platform, and broadening of its training service reach. The company is poised to solidify its market leadership by leveraging this investment to further innovate and serve the demanding needs of the entertainment and theatrical production industries, reinforcing its commitment to providing top-tier rigging solutions and support.

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Frequently Asked Questions Regarding Reed Rigging Financial Insights

What are the most recent funding rounds that Reed Rigging has completed, and what were the funding rounds?
Reed Rigging has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Reed Rigging has raised to date?
Reed Rigging has raised a total of $380K in funding to date.
How many funding rounds has Reed Rigging completed?
Reed Rigging has completed 2 funding rounds.
How much funding did Reed Rigging raise in its most recent funding round?
Reed Rigging raised $230K in its most recent funding round.
Who are the lead investors in Reed Rigging's latest funding round?
The lead investor in Reed Rigging'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 Reed Rigging's history?
The largest funding round in Reed Rigging's history was $230K.
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