What is Subassembly Plus?
Subassembly Plus, operating out of Holland, MI since 1995, is a specialized provider of full-service assembly and upholstery solutions for the contract office furniture sector. The company leverages a flexible labor force to manage intricate assembly tasks and maintains an extensive library of thousands of fabrics for its upholstery services. Their offerings extend to custom order fulfillment, product development support, and comprehensive inventory management, ensuring clients receive precisely tailored finished goods. Subassembly Plus primarily serves businesses seeking rapid market entry and bespoke furniture assembly and upholstery capabilities.
How much funding has Subassembly Plus raised?
Subassembly Plus has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.1M led by PPP
What's next for Subassembly Plus?
The recent major strategic investment in Subassembly Plus signals a pivotal growth phase, likely enabling the company to scale its operations, enhance its technological infrastructure for custom order management, and potentially expand its service offerings within the contract office furniture industry. This capital infusion is expected to fortify its position as a key partner for businesses requiring agile and customized furniture manufacturing solutions.
See full Subassembly Plus company page
