What is Sperry & Rice?
Sperry & Rice, a company with roots tracing back to the 1940s, specializes in custom rubber extrusions and advanced manufacturing solutions. They cater to a diverse range of industries, including appliance, automotive, HVAC, and truck & bus sectors. The company offers comprehensive services, encompassing design, custom tool creation, rubber compounding, and complete fabrication. Sperry & Rice's in-house engineering team collaborates closely with clients to develop bespoke solutions, ensuring both high-quality output and cost-effectiveness throughout the entire manufacturing lifecycle, from initial concept to final product delivery.
How much funding has Sperry & Rice raised?
Sperry & Rice has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$794K
Debt (2020): $350K with participation from PPP
Debt (2021): $794K led by PPP
Key Investors in Sperry & Rice
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Sperry & Rice?
The recent major strategic investment, alongside the overall enterprise-level funding context, indicates Sperry & Rice is poised for continued development and market penetration. This capital infusion is likely to support enhancements in manufacturing capabilities, expansion into new industry verticals, or further integration of advanced engineering solutions. The company's long history and focus on tailored client solutions position it for sustained growth and leadership in the custom rubber extrusion sector.
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