How Much Did Eastern Roofing Systems Raise?
Funding & Key Investors

Eastern Roofing Systems has secured $1M in total capital, with its most recent funding round bringing in $669K through a major strategic investment. This latest financing round, dated January 29, 2021, follows a previous debt financing of $350,000 in April 2020, indicating a period of significant financial activity for the commercial and industrial roofing contractor.

What is Eastern Roofing Systems?

Eastern Roofing Systems
ConstructionConstruction Management

Eastern Roofing Systems, Inc. is a prominent full-service commercial and industrial roofing contractor based in Northeast Pennsylvania, serving the tri-state region of Pennsylvania, New York, and New Jersey, with expanded services across the Mid-Atlantic States. The company specializes in a wide array of roofing systems including EPDM, TPO, MOD, PVC, Hot-Cold Bur, Metal, and bitumen roof applications, alongside specialty coatings. Eastern Roofing Systems prides itself on delivering high-quality installations using premium materials, eschewing corner-cutting to provide durable, long-term solutions rather than temporary fixes. Their in-house, trained installers and rigorous inspection process ensure professional, leak-proof results, with a notable history of rectifying improperly installed roofs from other providers.

How much funding has Eastern Roofing Systems raised?

Eastern Roofing Systems has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$669K

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

Debt (2021): $669K led by PPP

Key Investors in Eastern Roofing Systems

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Eastern Roofing Systems?

The recent major strategic investment, coupled with the overall enterprise-level funding context, suggests Eastern Roofing Systems is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in service capabilities, geographic reach, and potentially the adoption of new roofing technologies. The company's commitment to quality and its established reputation in a competitive market position it well to leverage this financing for sustained growth and increased market share in the commercial and industrial roofing sector.

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Frequently Asked Questions Regarding Eastern Roofing Systems Financial Insights

What are the most recent funding rounds that Eastern Roofing Systems has completed, and what were the funding rounds?
Eastern Roofing Systems has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Eastern Roofing Systems has raised to date?
Eastern Roofing Systems has raised a total of $1M in funding to date.
How many funding rounds has Eastern Roofing Systems completed?
Eastern Roofing Systems has completed 2 funding rounds.
How much funding did Eastern Roofing Systems raise in its most recent funding round?
Eastern Roofing Systems raised $669K in its most recent funding round.
Who are the lead investors in Eastern Roofing Systems's latest funding round?
The lead investor in Eastern Roofing Systems'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 Eastern Roofing Systems's history?
The largest funding round in Eastern Roofing Systems's history was $669K.
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