How Much Did Spartan Surfaces Raise?
Funding & Key Investors

Spartan Surfaces has secured $1M in total capital, with a recent major strategic investment of $1M announced on April 13, 2020. This significant backing underscores the company's established presence and growth trajectory within the specialty flooring and building materials distribution sector. The enterprise-level funding indicates a strategic push for expansion or operational enhancement.

What is Spartan Surfaces?

Spartan Surfaces
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Spartan Surfaces, founded in 2007 and headquartered in Bel Air, Maryland, is a prominent specialty flooring distribution company. With established showrooms in Washington D.C. and Chicago, the firm distributes a wide array of building materials and flooring products across a substantial portion of the United States. Operating multiple warehouses, Spartan Surfaces employs a dual B2B and B2C business model, catering to diverse market needs with its specialty flooring solutions. The company emphasizes a human-centered approach, prioritizing product quality and service excellence as it broadens its geographic footprint in the competitive building materials and flooring distribution industry.

How much funding has Spartan Surfaces raised?

Spartan Surfaces has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Spartan Surfaces

PPP

Public-Private Partnership

What's next for Spartan Surfaces?

The recent major strategic investment, alongside the substantial total funding of $1M, positions Spartan Surfaces for accelerated growth and market penetration. This capital infusion is likely to fuel further expansion of its distribution network, enhance its product portfolio, and potentially support technological advancements in logistics and customer service. The company's focus on a human-centered approach and its established B2B and B2C operations suggest a strategy aimed at solidifying its market leadership and exploring new avenues for development within the building materials sector.

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Frequently Asked Questions Regarding Spartan Surfaces Financial Insights

What are the most recent funding rounds that Spartan Surfaces has completed, and what were the funding rounds?
Spartan Surfaces has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Spartan Surfaces has raised to date?
Spartan Surfaces has raised a total of $1M in funding to date.
How many funding rounds has Spartan Surfaces completed?
Spartan Surfaces has completed 1 funding rounds.
How much funding did Spartan Surfaces raise in its most recent funding round?
Spartan Surfaces raised $1M in its most recent funding round.
Who are the lead investors in Spartan Surfaces's latest funding round?
The lead investor in Spartan Surfaces'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 Spartan Surfaces's history?
The largest funding round in Spartan Surfaces's history was $1M.
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