How Much Did Silkworm Raise?
Funding & Key Investors

Silkworm has secured $757K in total capital, with a recent strategic investment of $407K announced on January 29, 2021. This major enterprise-level funding underscores the company's established position and strategic growth initiatives within the custom apparel and promotional products sector. The recent financing round signifies a pivotal moment for Silkworm as it continues to enhance its market presence and operational capabilities.

What is Silkworm?

Silkworm
RetailDepartment Stores, Shopping Centers & SuperstoresAdvertising Networks

Silkworm, Inc. is a BBB Accredited company, recognized both locally and nationally for its specialization in custom apparel and promotional products. Founded in 1981, Silkworm has built a reputation for delivering high-quality items designed to bolster clients' branding and marketing endeavors. The company distinguishes itself through a steadfast commitment to superior customer service and the cultivation of robust client relationships. Silkworm's extensive product catalog spans from conventional items like coffee mugs and pens to contemporary merchandise, ensuring a diverse and tailored experience for each customer seeking to elevate their brand.

How much funding has Silkworm raised?

Silkworm has raised a total of $757K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$407K

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

Debt (2021): $407K led by PPP

Key Investors in Silkworm

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Silkworm?

The recent major strategic investment positions Silkworm for significant expansion and innovation. With a history of consistent performance and a focus on enhancing client branding, this capital infusion is expected to fuel advancements in product offerings, operational efficiencies, and market reach. Silkworm is poised to leverage this backing to further solidify its leadership in the custom apparel and promotional products industry, potentially exploring new technologies or expanding its service portfolio to meet evolving market demands and maintain its competitive edge.

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Frequently Asked Questions Regarding Silkworm Financial Insights

What are the most recent funding rounds that Silkworm has completed, and what were the funding rounds?
Silkworm has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Silkworm has raised to date?
Silkworm has raised a total of $757K in funding to date.
How many funding rounds has Silkworm completed?
Silkworm has completed 2 funding rounds.
How much funding did Silkworm raise in its most recent funding round?
Silkworm raised $407K in its most recent funding round.
Who are the lead investors in Silkworm's latest funding round?
The lead investor in Silkworm'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 Silkworm's history?
The largest funding round in Silkworm's history was $407K.
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