How Much Did Source Recycling Raise?
Funding & Key Investors

Source Recycling has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. With a cumulative capital influx reaching $150K, the firm is well-positioned to solidify its footprint in the competitive landscape materials market. This latest financing round, totaling $150K, underscores investor confidence in the company's operational model and its capacity to scale distribution across the Midwest region.

What is Source Recycling?

Source Recycling
RetailHome Improvement & Hardware Retail

Headquartered in Lima, Ohio, Source Recycling operates as a premier supplier of essential landscaping and gardening materials. The company maintains a robust portfolio that includes premium mulch, decorative stone, topsoil, salt, and compost. By catering to a diverse clientele ranging from individual homeowners to large-scale contractors and distributors, the firm has established a reliable supply chain for high-demand outdoor improvement products. Their proprietary product, Re:Soil, serves as a key differentiator in their catalog, reflecting a commitment to quality and specialized agricultural inputs. Through its strategic focus on both retail and wholesale channels, Source Recycling effectively bridges the gap between raw material sourcing and end-user application, ensuring consistent availability of landscaping essentials.

How much funding has Source Recycling raised?

Source Recycling has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Source Recycling

PPP

Public-Private Partnership

What's next for Source Recycling?

The infusion of capital from this late-stage funding round provides Source Recycling with the necessary liquidity to optimize its supply chain logistics and expand its regional distribution network. As the company transitions into this next phase of growth, management is expected to prioritize the scaling of its Re:Soil production capabilities and the enhancement of its digital procurement platforms for contractors. By leveraging this financial backing, the firm aims to capture a larger share of the commercial landscaping market, potentially diversifying its product offerings to include more sustainable and eco-friendly aggregate solutions. This strategic pivot is designed to fortify the company's market position against emerging competitors while maintaining the operational excellence that has defined its tenure in the Ohio market.

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Frequently Asked Questions Regarding Source Recycling Financial Insights

What are the most recent funding rounds that Source Recycling has completed, and what were the funding rounds?
Source Recycling has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Source Recycling has raised to date?
Source Recycling has raised a total of $150K in funding to date.
How many funding rounds has Source Recycling completed?
Source Recycling has completed 1 funding rounds.
How much funding did Source Recycling raise in its most recent funding round?
Source Recycling raised $150K in its most recent funding round.
Who are the lead investors in Source Recycling's latest funding round?
The lead investor in Source Recycling'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 Source Recycling's history?
The largest funding round in Source Recycling's history was $150K.
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