What is Simon Roofing?
Established in 1900 and headquartered in Youngstown, Ohio, Simon Roofing operates as a vertically integrated commercial roofing manufacturer, installer, and service provider. The firm distinguishes itself through a unique business model where it self-performs over 99% of its service work across a national network of more than 60 service centers. By manufacturing its own proprietary roofing products, the company maintains rigorous quality control and provides comprehensive labor and materials warranties. Their service portfolio is extensive, encompassing diagnostic testing, preventative maintenance, emergency response, and full-scale roof asset management, catering to the critical needs of large-scale commercial and industrial properties throughout the United States.
How much funding has Simon Roofing raised?
Simon Roofing has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in Simon Roofing
PPP
Public-Private Partnership
What's next for Simon Roofing?
The recent infusion of capital is expected to accelerate Simon Roofing's strategic initiatives, particularly in the realm of digital diagnostic integration and the expansion of its national service footprint. As the company transitions into its next phase of growth, the focus remains on enhancing roof asset management technologies that provide clients with actionable data regarding their infrastructure health. By maintaining full accountability for the entire lifecycle of a roof—from manufacturing to installation and ongoing maintenance—Simon Roofing is well-positioned to capture additional market share in the enterprise facility services sector. Future developments will likely prioritize the scaling of their preventative maintenance programs, ensuring that the firm remains the primary partner for organizations seeking to mitigate risk and extend the longevity of their physical assets.
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