How Much Did Smith Material Supply Raise?
Funding & Key Investors

Smith Material Supply has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant backing underscores the company's established presence and its strategic importance in the heavy hauling and material supply sector.

What is Smith Material Supply?

Smith Material Supply
TransportationFreight & Logistics ServicesTrucking, Moving & Storage

Smith Material Supply, a long-standing provider in the Marion, OH area for four decades, specializes in heavy hauling services. The company caters to a diverse clientele, from individual DIYers to large-scale construction projects and municipal jobs, offering a comprehensive suite of services including contract hauling, driveway construction, lime spreading, salt and cinder spreading, snow removal, stone hauling, truck rental, and screened topsoil delivery. Their extensive experience positions them as a reliable partner for material supply and logistical needs across various project scales.

How much funding has Smith Material Supply raised?

Smith Material Supply has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Smith Material Supply?

The company's recent major strategic investment, within the context of large-scale late-stage funding, suggests a phase of significant expansion or operational enhancement. This capital infusion is likely to bolster Smith Material Supply's capacity, potentially enabling them to take on larger contracts, expand their service area, or invest in new equipment and technology to maintain their competitive edge in the heavy hauling and material supply market. The focus on strategic investment indicates a forward-looking approach to growth and market consolidation.

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Frequently Asked Questions Regarding Smith Material Supply Financial Insights

What are the most recent funding rounds that Smith Material Supply has completed, and what were the funding rounds?
Smith Material Supply has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Smith Material Supply has raised to date?
Smith Material Supply has raised a total of $150K in funding to date.
How many funding rounds has Smith Material Supply completed?
Smith Material Supply has completed 1 funding rounds.
How much funding did Smith Material Supply raise in its most recent funding round?
Smith Material Supply raised $150K in its most recent funding round.
Who are the lead investors in Smith Material Supply's latest funding round?
The lead investor in Smith Material Supply'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 Smith Material Supply's history?
The largest funding round in Smith Material Supply's history was $150K.
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