How Much Did Upstate Refractory Services Raise?
Funding & Key Investors

Upstate Refractory Services has secured $808K in total capital, with its most recent financing round totaling $458K in a major strategic investment. This enterprise-level funding underscores the company's established position in the industrial services sector.

What is Upstate Refractory Services?

Upstate Refractory Services
ConstructionConstruction ManagementArchitecture, Engineering & Design

Upstate Refractory Services specializes in providing cost-effective solutions for refractory-related issues. The company offers a comprehensive range of products, including ceramic fiber, castable refractories, and foundry supplies. Complementing its product offerings, Upstate Refractory Services delivers essential services such as new furnace design, combustion upgrades, and critical refractory repair and upgrade services. Their operational philosophy centers on innovative engineering and a customer-focused approach, aimed at minimizing downtime and operational costs for their clientele. The company serves a diverse array of industries that depend on robust and reliable refractory systems and ongoing support.

How much funding has Upstate Refractory Services raised?

Upstate Refractory Services has raised a total of $808K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$458K

Debt (2020): $350K with participation from PPP

Debt (2021): $458K led by PPP

What's next for Upstate Refractory Services?

The recent major strategic investment indicates a phase of significant growth and potential expansion for Upstate Refractory Services. This capital infusion is likely to fuel advancements in their service capabilities, product development, and market reach. The company is poised to leverage this backing to further solidify its standing in the refractory solutions market, potentially exploring new technologies or strategic partnerships to enhance its competitive edge and operational efficiency.

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Frequently Asked Questions Regarding Upstate Refractory Services Financial Insights

What are the most recent funding rounds that Upstate Refractory Services has completed, and what were the funding rounds?
Upstate Refractory Services has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Upstate Refractory Services has raised to date?
Upstate Refractory Services has raised a total of $808K in funding to date.
How many funding rounds has Upstate Refractory Services completed?
Upstate Refractory Services has completed 2 funding rounds.
How much funding did Upstate Refractory Services raise in its most recent funding round?
Upstate Refractory Services raised $458K in its most recent funding round.
Who are the lead investors in Upstate Refractory Services's latest funding round?
The lead investor in Upstate Refractory Services'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 Upstate Refractory Services's history?
The largest funding round in Upstate Refractory Services's history was $458K.
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