How Much Did RS Miles & Son Raise?
Funding & Key Investors

RS Miles & Son has secured $66K in total financing, with a recent capital injection of $66K to fuel substantial expansion. This latest funding round, occurring on February 9, 2021, was a debt financing event, underscoring the company's strategic approach to growth and operational scaling. The company operates within the steel processing and supply sector, a critical component of industrial manufacturing.

What is RS Miles & Son?

RS Miles & Son
ManufacturingBuilding MaterialsIndustrial Machinery & Equipment

Founded in 1954, RS Miles & Son Corp. is a long-standing leader in the steel processing and supply industry, with a specialization in Alloy and Carbon steel. The company offers a comprehensive suite of services, including steel plate cutting, heat treating, and Blanchard grinding. RS Miles & Son serves a diverse clientele of industrial manufacturers across national and international markets. As a family-owned enterprise with a four-generation legacy, the company emphasizes quality, integrity, and the support of American-made products, positioning itself as a reliable partner in the supply chain.

How much funding has RS Miles & Son raised?

RS Miles & Son has raised a total of $66K across 1 funding round:

2021

Debt

$66K

Debt (2021): $66K with participation from PPP

Key Investors in RS Miles & Son

PPP

Public-Private Partnership

What's next for RS Miles & Son?

With the recent influx of expansion capital, RS Miles & Son is poised for significant growth and operational enhancement. The company's strategic focus on core steel processing services, combined with its commitment to quality and its established market presence, suggests a trajectory aimed at increasing production capacity and potentially expanding its service offerings. This investment will likely enable RS Miles & Son to further solidify its position as a key supplier to industrial manufacturers and capitalize on opportunities within the evolving steel market.

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Frequently Asked Questions Regarding RS Miles & Son Financial Insights

What are the most recent funding rounds that RS Miles & Son has completed, and what were the funding rounds?
RS Miles & Son has recently completed 1 funding rounds: Debt on Feb 9, 2021.
What is the total amount of funding RS Miles & Son has raised to date?
RS Miles & Son has raised a total of $66K in funding to date.
How many funding rounds has RS Miles & Son completed?
RS Miles & Son has completed 1 funding rounds.
How much funding did RS Miles & Son raise in its most recent funding round?
RS Miles & Son raised $66K in its most recent funding round.
Who are the lead investors in RS Miles & Son's latest funding round?
The lead investor in RS Miles & Son'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 RS Miles & Son's history?
The largest funding round in RS Miles & Son's history was $66K.
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