How Much Did Smith Plastering Raise?
Funding & Key Investors

Smith Plastering has successfully secured a significant capital injection, bringing its cumulative financial backing to $462K. This latest infusion of $312K represents a major strategic investment, underscoring the firm's robust position within the competitive Southwest Florida construction landscape. By leveraging this debt-based financing, the company is well-positioned to solidify its operational infrastructure and expand its service delivery capabilities across the Naples region.

What is Smith Plastering?

Smith Plastering
ConstructionConstruction Management

Based in Naples, Florida, Smith Plastering, Inc. operates as a premier family-owned contractor with a 28-year legacy of excellence in the construction sector. The firm specializes in a comprehensive suite of services, including stucco application, drywall finishing, metal framing, and professional painting. By maintaining a steadfast commitment to high-quality craftsmanship and reliable project execution, the company has established itself as a trusted partner for both residential homeowners and large-scale commercial builders. Their market position is defined by a deep understanding of local building requirements and a reputation for delivering timely, high-standard results in a demanding regional market.

How much funding has Smith Plastering raised?

Smith Plastering has raised a total of $462K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$312K

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

Debt (2021): $312K led by PPP

Key Investors in Smith Plastering

PPP

Public-Private Partnership

What's next for Smith Plastering?

With the recent influx of capital, Smith Plastering is poised to enter a new phase of growth, focusing on scaling its service capacity and enhancing its technological integration for project management. The strategic allocation of these funds will likely prioritize the acquisition of advanced equipment and the expansion of their skilled labor force to meet the rising demand for high-end construction finishes in Southwest Florida. As the company transitions through this late-stage growth cycle, the focus remains on maintaining the family-oriented service ethos that has defined its 28-year history while simultaneously modernizing its operational workflows to ensure long-term scalability and market resilience.

See full Smith Plastering company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstructionConsumer ServicesRepair Services
Architecture, Engineering & DesignConstructionConstruction Management
Civil Engineering ConstructionConstructionConstruction Management
Construction ManagementConstruction

Frequently Asked Questions Regarding Smith Plastering Financial Insights

What are the most recent funding rounds that Smith Plastering has completed, and what were the funding rounds?
Smith Plastering has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Smith Plastering has raised to date?
Smith Plastering has raised a total of $462K in funding to date.
How many funding rounds has Smith Plastering completed?
Smith Plastering has completed 2 funding rounds.
How much funding did Smith Plastering raise in its most recent funding round?
Smith Plastering raised $312K in its most recent funding round.
Who are the lead investors in Smith Plastering's latest funding round?
The lead investor in Smith Plastering'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 Plastering's history?
The largest funding round in Smith Plastering's history was $312K.
See more information about Smith Plastering