How Much Did Selective Industries Raise?
Funding & Key Investors

Selective Industries has secured significant enterprise-level funding, with its total capital raised standing at $1.1M. The company recently announced a major strategic investment of $724K, underscoring its established position in the manufacturing sector. This latest financing round, dated January 20, 2021, follows previous debt financing rounds, indicating a consistent strategy for capital acquisition to support its operations and growth.

What is Selective Industries?

Selective Industries
ManufacturingBuilding MaterialsAutomotive Parts

Selective Industries is a specialized manufacturer of metal stampings, serving critical sectors such as the automotive and electrical industries. The company distinguishes itself with a robust spot welding and assembly facility, complemented by advanced stamping divisions. Its capabilities extend to diverse staking operations, including in-die and secondary staking, and multiple plant weld departments designed for rapid turnaround on short lead-time requirements. Selective Industries emphasizes a customer-oriented approach, leveraging skilled associates and value-added services to deliver innovative solutions for complex stamping and assembly challenges, ensuring unparalleled quality and service throughout the entire production process.

How much funding has Selective Industries raised?

Selective Industries has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$724K

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

Debt (2021): $724K led by PPP

Key Investors in Selective Industries

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Selective Industries?

The recent major strategic investment suggests Selective Industries is poised for further operational enhancements or market expansion. Given its history of debt financing and enterprise-level capital, this strategic backing likely aims to bolster its competitive edge in the automotive and electrical supply chains. Future developments may involve scaling production capacity, investing in advanced manufacturing technologies, or exploring new partnerships to solidify its market leadership and continue delivering high-quality stamping and assembly solutions.

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Frequently Asked Questions Regarding Selective Industries Financial Insights

What are the most recent funding rounds that Selective Industries has completed, and what were the funding rounds?
Selective Industries has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Selective Industries has raised to date?
Selective Industries has raised a total of $1.1M in funding to date.
How many funding rounds has Selective Industries completed?
Selective Industries has completed 2 funding rounds.
How much funding did Selective Industries raise in its most recent funding round?
Selective Industries raised $724K in its most recent funding round.
Who are the lead investors in Selective Industries's latest funding round?
The lead investor in Selective Industries'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 Selective Industries's history?
The largest funding round in Selective Industries's history was $724K.
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