How Much Did Silpro Raise?
Funding & Key Investors

Silpro, a company specializing in floor preparation and concrete restoration solutions, has recently secured a major strategic investment, contributing to its $492K in total capital raised. This latest round of financing, which occurred on February 25, 2021, follows previous debt financing rounds, indicating a significant shift towards strategic growth capital. The company's established presence since 1951 underscores its long-term commitment to the construction and restoration sectors.

What is Silpro?

Silpro
ManufacturingBuilding Materials

Established in 1951, SILPRO is a dedicated provider of floor preparation and concrete restoration solutions, catering to quality-minded professionals. The company has built a strong reputation for delivering reliable products designed to extend service life and mitigate project costs and conflicts. SILPRO's core mission is to offer significant value to flooring, masonry, and concrete repair contractors through high-quality, competitively priced offerings, complemented by robust technical support. Their collaborative approach with distributor partners ensures product availability and optimal performance, ultimately fostering the growth and success of their clientele.

How much funding has Silpro raised?

Silpro has raised a total of $492K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$342K

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

Debt (2021): $342K led by PPP

Key Investors in Silpro

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Silpro?

With its recent major strategic investment, Silpro is poised for accelerated growth and market expansion. The company's long history and established reputation in concrete restoration provide a solid foundation for leveraging this new capital. Future initiatives are likely to focus on enhancing product development, expanding distribution networks, and potentially exploring new service offerings to further solidify its position in the professional contracting market. This strategic financing signals a new phase of development and scaling for Silpro.

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Frequently Asked Questions Regarding Silpro Financial Insights

What are the most recent funding rounds that Silpro has completed, and what were the funding rounds?
Silpro has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Silpro has raised to date?
Silpro has raised a total of $492K in funding to date.
How many funding rounds has Silpro completed?
Silpro has completed 2 funding rounds.
How much funding did Silpro raise in its most recent funding round?
Silpro raised $342K in its most recent funding round.
Who are the lead investors in Silpro's latest funding round?
The lead investor in Silpro'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 Silpro's history?
The largest funding round in Silpro's history was $342K.
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