How Much Did MacDermott Roofing Raise?
Funding & Key Investors

MacDermott Roofing has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $200K, underscoring its robust growth trajectory and market position in the commercial roofing sector. This latest financing round signifies a critical juncture for the family-owned business, known for its extensive experience and commitment to quality.

What is MacDermott Roofing?

MacDermott Roofing
ConstructionConstruction Management

MacDermott Roofing, Inc. is a distinguished, family-owned commercial roofing enterprise with a legacy spanning many years. The company specializes in the comprehensive installation, meticulous maintenance, and expert repair of low-slope and flat roofs. Serving a diverse clientele across the Detroit metro area, including commercial, industrial, municipal, and institutional sectors, MacDermott Roofing has earned recognition as a Duro-Last Platinum Contractor. This designation highlights their adherence to superior workmanship and service standards. They offer complimentary consultations and professional assessments, backed by a team of OSHA-certified professionals dedicated to preserving the structural integrity of business properties. Furthermore, the company provides financing solutions to facilitate the adoption of energy-efficient roofing projects.

How much funding has MacDermott Roofing raised?

MacDermott Roofing has raised a total of $350K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$200K

Debt (2020): $150K with participation from PPP

Debt (2021): $200K led by PPP

Key Investors in MacDermott Roofing

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for MacDermott Roofing?

The substantial capital infusion, particularly the recent strategic investment, positions MacDermott Roofing for accelerated expansion and enhanced service capabilities. This backing is expected to fuel advancements in operational efficiency, potentially enabling the company to broaden its service area or invest in new technologies for specialized roofing solutions. As a late-stage company, this financing likely supports scaling efforts, market penetration, and the continued pursuit of excellence in commercial roofing, reinforcing its status as a leader in the Detroit metropolitan market.

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Frequently Asked Questions Regarding MacDermott Roofing Financial Insights

What are the most recent funding rounds that MacDermott Roofing has completed, and what were the funding rounds?
MacDermott Roofing has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on May 3, 2020.
What is the total amount of funding MacDermott Roofing has raised to date?
MacDermott Roofing has raised a total of $350K in funding to date.
How many funding rounds has MacDermott Roofing completed?
MacDermott Roofing has completed 2 funding rounds.
How much funding did MacDermott Roofing raise in its most recent funding round?
MacDermott Roofing raised $200K in its most recent funding round.
Who are the lead investors in MacDermott Roofing's latest funding round?
The lead investor in MacDermott Roofing'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 MacDermott Roofing's history?
The largest funding round in MacDermott Roofing's history was $200K.
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