What is Selective Stone?
Selective Stone, based in Honolulu, HI, is a seasoned provider of premium flooring and countertops, boasting over five decades of industry experience. The company offers an extensive selection of materials, including laminate, tile, luxury vinyl, natural stone, glass tile, metal tile, and sinks, all presented at competitive price points. A key differentiator for Selective Stone is its commitment to supporting local economies by prioritizing locally sourced inventory, which enables them to offer cost-effective solutions to their clientele. They serve both residential and commercial customers seeking durable and aesthetically pleasing flooring options.
How much funding has Selective Stone raised?
Selective Stone has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Selective Stone
PPP
Public-Private Partnership
What's next for Selective Stone?
The substantial capital raised, particularly the recent strategic investment, positions Selective Stone for significant expansion and operational enhancement. This funding is likely to fuel initiatives aimed at broadening product lines, optimizing supply chain efficiencies, and potentially expanding market reach. Given the company's long-standing presence and focus on competitive pricing through local sourcing, future investments may also target technological advancements in material processing or customer experience platforms. The company's late-stage funding context suggests a focus on scaling operations and solidifying its market leadership in the flooring and countertop sector.
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