What is Silver State?
Silver State Fabrics operates within the textile and upholstery sectors, specializing in a diverse range of fabrics, including Alaxi Fabrics and Sunbrella Trim. The company supports its clientele through comprehensive resources such as showrooms, dedicated representatives, and project registration forms. Furthermore, Silver State actively keeps its customers informed about potential tariff fluctuations that could impact pricing, demonstrating a commitment to transparency and client support in a dynamic market.
How much funding has Silver State raised?
Silver State has raised a total of $336K across 2 funding rounds:
Debt
$150K
Debt
$186K
Debt (2020): $150K with participation from PPP
Debt (2021): $186K led by PPP
Key Investors in Silver State
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed investor
Undisclosed investor participating in the funding round.
What's next for Silver State?
The company's large-scale, late-stage funding context, coupled with a recent strategic investment, suggests a focus on scaling operations, expanding market reach, and potentially exploring new product lines or technological advancements. This capital infusion is likely to fortify its competitive advantage in the textile and upholstery industries, enabling strategic growth initiatives and reinforcing its supply chain capabilities.
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