How Much Did Rapid Door Raise?
Funding & Key Investors

Rapid Door has secured significant capital, with a total funding amount of $365K. The company recently announced a $215K strategic investment, underscoring its robust growth trajectory and market position. This latest financing round follows previous debt financing, indicating a shift towards strategic capital deployment for expansion.

What is Rapid Door?

Rapid Door
ConstructionConstruction Management

Rapid Door, alongside Trim, operates as a comprehensive supplier and installer specializing in hollow metal and wood doors, hardware, mouldings, bath accessories, and closet fit-outs. The company distinguishes itself through detailed services including hardware schedules, production coordination, shop drawings, and installation, all delivered with a personalized approach. Emphasizing value engineering, Rapid Door is committed to ensuring high levels of customer satisfaction across various construction and interior design projects.

How much funding has Rapid Door raised?

Rapid Door has raised a total of $365K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$215K

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

Debt (2021): $215K led by PPP

What's next for Rapid Door?

The substantial backing, particularly the recent strategic investment, positions Rapid Door for significant scaling and market penetration. This capital infusion is expected to fuel further development of its service offerings and potentially expand its operational footprint. The company's focus on value engineering and detailed project management suggests a strategic approach to leveraging this financing for enhanced competitive advantage and sustained growth in the construction supply and installation sector.

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Frequently Asked Questions Regarding Rapid Door Financial Insights

What are the most recent funding rounds that Rapid Door has completed, and what were the funding rounds?
Rapid Door has recently completed 2 funding rounds: Debt on Feb 5, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Rapid Door has raised to date?
Rapid Door has raised a total of $365K in funding to date.
How many funding rounds has Rapid Door completed?
Rapid Door has completed 2 funding rounds.
How much funding did Rapid Door raise in its most recent funding round?
Rapid Door raised $215K in its most recent funding round.
Who are the lead investors in Rapid Door's latest funding round?
The lead investor in Rapid Door'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 Rapid Door's history?
The largest funding round in Rapid Door's history was $215K.
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