What is ShedRain?
Founded in 1947 and headquartered in Portland, Oregon, ShedRain stands as one of the United States' largest importers of umbrellas and rainwear. Uniquely, the company also maintains a domestic production facility, positioning it as one of the last umbrella manufacturers with a local manufacturing footprint. This dual approach allows ShedRain to leverage both global sourcing and domestic craftsmanship in its operations.
How much funding has ShedRain raised?
ShedRain has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in ShedRain
PPP
Public-Private Partnership
What's next for ShedRain?
The substantial large-scale late-stage funding indicates ShedRain is poised for significant expansion or strategic development. This capital injection will likely fuel initiatives aimed at enhancing its import capabilities, bolstering its domestic manufacturing operations, or potentially exploring new product lines and market segments. The company's long history and commitment to domestic production suggest a focus on sustainable growth and market leadership.
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