How Much Did Smartshape Design Raise?
Funding & Key Investors

Smartshape Design has secured $321K in total funding, with its most recent financing round bringing in $171K. This significant capital infusion, characterized as a major strategic investment, underscores the company's established position in the market and its potential for future expansion, particularly given its large-scale late-stage funding context.

What is Smartshape Design?

Smartshape Design
ConstructionArchitecture, Engineering & DesignBusiness Services

SmartShape Design, founded in 1989 and headquartered in Cleveland, is a firm dedicated to the creation of category-defining products and experiences. Leveraging integrated, end-to-end expertise in both design and engineering, the company offers a comprehensive suite of services. These span across medical, commercial, consumer, digital UX/UI, IoT, and packaging solutions. SmartShape collaborates with a diverse clientele, ranging from leading established brands to emerging companies, providing crucial support throughout the entire product development lifecycle. Their unique approach combines advanced mechanical engineering capabilities with sophisticated design principles to foster innovation and deliver impactful solutions.

How much funding has Smartshape Design raised?

Smartshape Design has raised a total of $321K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$171K

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

Debt (2021): $171K led by PPP

Key Investors in Smartshape Design

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Smartshape Design?

The substantial backing and strategic investment indicate that Smartshape Design is poised for significant growth and further innovation. With a history of delivering end-to-end design and engineering solutions for a wide array of industries, this capital will likely fuel the expansion of their service offerings, enhance their technological capabilities, and potentially broaden their market reach. The company's focus on integrated expertise suggests a strategic direction towards solidifying its role as a key partner for brands seeking to develop cutting-edge products and experiences in competitive markets.

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Frequently Asked Questions Regarding Smartshape Design Financial Insights

What are the most recent funding rounds that Smartshape Design has completed, and what were the funding rounds?
Smartshape Design has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on May 3, 2020.
What is the total amount of funding Smartshape Design has raised to date?
Smartshape Design has raised a total of $321K in funding to date.
How many funding rounds has Smartshape Design completed?
Smartshape Design has completed 2 funding rounds.
How much funding did Smartshape Design raise in its most recent funding round?
Smartshape Design raised $171K in its most recent funding round.
Who are the lead investors in Smartshape Design's latest funding round?
The lead investor in Smartshape Design'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 Smartshape Design's history?
The largest funding round in Smartshape Design's history was $171K.
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