How Much Did Smith Roofing Raise?
Funding & Key Investors

Smith Roofing has secured significant capital, with a total funding amount of $840K. The company recently announced a major strategic investment, bringing in $490K in new financing. This latest round underscores the company's established presence and ongoing growth trajectory in the commercial and industrial roofing sector.

What is Smith Roofing?

Smith Roofing
ConstructionConstruction Management

Joseph S. Smith Roofing, Inc. is a seasoned provider of commercial and industrial roofing solutions, boasting over 70 years of operational experience. The company specializes in new construction, re-roofing, and maintenance services, primarily serving industrial and factory businesses within the tri-state area. Their long-standing commitment to quality and safety has cemented a strong reputation, positioning them as a reliable partner for large-scale roofing projects.

How much funding has Smith Roofing raised?

Smith Roofing has raised a total of $840K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$490K

Debt (2020): $350K with participation from PPP

Debt (2021): $490K led by PPP

What's next for Smith Roofing?

The recent major strategic investment indicates Smith Roofing is likely in a phase of significant expansion or operational enhancement. This capital infusion is expected to fuel further growth, potentially through market penetration, service diversification, or technological upgrades to maintain their competitive edge. The company's deep industry experience suggests a strategic deployment of these funds to solidify its leadership in the commercial and industrial roofing market.

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Frequently Asked Questions Regarding Smith Roofing Financial Insights

What are the most recent funding rounds that Smith Roofing has completed, and what were the funding rounds?
Smith Roofing has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Smith Roofing has raised to date?
Smith Roofing has raised a total of $840K in funding to date.
How many funding rounds has Smith Roofing completed?
Smith Roofing has completed 2 funding rounds.
How much funding did Smith Roofing raise in its most recent funding round?
Smith Roofing raised $490K in its most recent funding round.
Who are the lead investors in Smith Roofing's latest funding round?
The lead investor in Smith Roofing'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 Roofing's history?
The largest funding round in Smith Roofing's history was $490K.
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