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 industry. The company leverages a flexible labor force to manage intricate assembly tasks and maintains an extensive inventory of thousands of fabrics for upholstery needs. Their service portfolio includes custom order fulfillment, product development support, and comprehensive inventory management, all designed to deliver finished goods precisely tailored to client specifications. Subassembly Plus primarily serves businesses seeking rapid market entry and bespoke furniture assembly and upholstery services.
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
Key Investors in Subassembly Plus
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Subassembly Plus?
The recent major strategic investment signals a period of accelerated growth and potential expansion for Subassembly Plus. This capital infusion is likely to be directed towards enhancing operational capacity, potentially expanding service offerings, and strengthening its market position within the competitive contract office furniture supply chain. The company's focus on custom solutions and quick-to-market strategies positions it well to capitalize on evolving client demands for tailored furniture manufacturing services.
See full Subassembly Plus company page
