How Much Did Patchwood Products Raise?
Funding & Key Investors

Patchwood Products has secured $29K in total funding, with its most recent capital infusion of $29K designated for substantial expansion. This financing round, occurring around February 13, 2021, signifies a critical growth phase for the veteran-owned Michigan-based company, positioning it for accelerated development in the pallet manufacturing and repair sector.

The company's financial trajectory, marked by this recent investment, aligns with a significant Series B/C stage, indicating a move towards scaling operations and market penetration.

What is Patchwood Products?

Patchwood Products
ManufacturingPlastic, Packaging & ContainersFurniture

Patchwood Products Inc., established in 1993 and based in Hillman, Michigan, is a veteran-owned enterprise specializing in the comprehensive manufacturing and repair of diverse pallet types, including hard and soft wood, paper, and corrugated materials. Beyond pallet solutions, the company provides essential dunnage products and packaging services, catering to a broad spectrum of industrial clients requiring high-quality goods and professional support.

Recognized for its unwavering commitment to quality, Patchwood Products holds several prestigious certifications, such as the SBA HubZone Business designation and the HIREVets Gold Medallion Award. The company operates advanced manufacturing facilities equipped with modern machinery, ensuring efficient production capabilities to meet varied customer demands and maintain its competitive edge in the packaging and logistics supply chain.

How much funding has Patchwood Products raised?

Patchwood Products has raised a total of $29K across 1 funding round:

2021

Debt

$29K

Debt (2021): $29K with participation from PPP

Key Investors in Patchwood Products

PPP

Public-Private Partnership

What's next for Patchwood Products?

With the recent influx of substantial expansion capital, Patchwood Products is poised for significant operational scaling and market outreach. The strategic investment, indicative of a Series B/C funding stage, will likely fuel enhancements in production capacity, technological upgrades, and potentially the expansion of its service offerings or geographic footprint.

This financial backing underscores investor confidence in Patchwood Products' established market position and its potential for future growth. The company is expected to leverage this capital to solidify its standing as a key player in the pallet manufacturing and repair industry, potentially exploring new client segments or optimizing its supply chain for greater efficiency and broader market reach.

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Frequently Asked Questions Regarding Patchwood Products Financial Insights

What are the most recent funding rounds that Patchwood Products has completed, and what were the funding rounds?
Patchwood Products has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding Patchwood Products has raised to date?
Patchwood Products has raised a total of $29K in funding to date.
How many funding rounds has Patchwood Products completed?
Patchwood Products has completed 1 funding rounds.
How much funding did Patchwood Products raise in its most recent funding round?
Patchwood Products raised $29K in its most recent funding round.
Who are the lead investors in Patchwood Products's latest funding round?
The lead investor in Patchwood Products'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 Patchwood Products's history?
The largest funding round in Patchwood Products's history was $29K.
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