How Much Did Riverside Raise?
Funding & Key Investors

Riverside, a prominent family-owned maintenance and repair facility, has secured $861K in total capital, with a recent strategic investment of $511K. This significant backing underscores the company's established presence and its role in providing specialized services across various industrial sectors. The latest financing round, categorized as a major strategic investment, signals a pivotal moment for Riverside's continued expansion and operational enhancement.

What is Riverside?

Riverside
Consumer ServicesRepair ServicesArchitecture, Engineering & Design

Riverside, Inc. is a comprehensive maintenance and repair facility based in Parma, Idaho, with a specialization in electrical equipment, machine shop services, pumps, drilling, and construction management. Founded in 1978, the company has cultivated a strong reputation over decades, growing into one of the largest facilities of its kind in the Northwest. Employing over 50 professionals, Riverside is dedicated to delivering high-quality, innovative solutions while prioritizing safety and accountability. Their extensive expertise makes them a reliable partner for industries requiring dependable electrical and mechanical services.

How much funding has Riverside raised?

Riverside has raised a total of $861K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$511K

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

Debt (2021): $511K led by PPP

Key Investors in Riverside

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Riverside?

The recent major strategic investment positions Riverside for accelerated growth and enhanced service capabilities. This capital infusion is expected to fuel further development in their specialized service offerings, potentially expanding their operational footprint and technological adoption. As a company with a long-standing history and a commitment to quality, this strategic backing will likely enable Riverside to solidify its market leadership and pursue new opportunities within the enterprise-level maintenance and repair sector.

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Frequently Asked Questions Regarding Riverside Financial Insights

What are the most recent funding rounds that Riverside has completed, and what were the funding rounds?
Riverside has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Riverside has raised to date?
Riverside has raised a total of $861K in funding to date.
How many funding rounds has Riverside completed?
Riverside has completed 2 funding rounds.
How much funding did Riverside raise in its most recent funding round?
Riverside raised $511K in its most recent funding round.
Who are the lead investors in Riverside's latest funding round?
The lead investor in Riverside'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 Riverside's history?
The largest funding round in Riverside's history was $511K.
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