CleanFiber
2013
FOUNDED
PRIVATE
STATUS
11-20
EMPLOYEES
Later Stage VC
LATEST DEAL TYPE
$5M
LATEST DEAL AMOUNT
23
INVESTORS
Description
Producer of cellulose-based insulation material intended to offer better fire insulation. The company's material is made from recycled corrugated cardboard boxes and other clean sources of high-quality fiber and can be used in attics, walls and floors of residential or commercial new construction, enabling construction companies to construct fire-resistant buildings and allows to deliver a product at a cost-competitive price.
Website
Formerly Known As
UltraCell Insulation, LLC, ProCell Insulation, UltraCell Insulation, UltraCell Buffalo, LLC
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Building Products
Primary Office
- 640 Ellicott Street
- Suite 108
- Buffalo, NY 14203
- United States
+1 (888) 000-0000
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CleanFiber Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 9. Later Stage VC | 01-Oct-2019 | $5M | 000.00 | Completed | Generating Revenue | |
| 8. Later Stage VC | 01-Jul-2019 | 00.000 | 000.00 | Completed | Generating Revenue | |
| 7. Later Stage VC (Series A1) | 24-Jun-2019 | 00.000 | 000.00 | Completed | Generating Revenue | |
| 6. Later Stage VC | 11-Feb-2019 | 00000 | 00.00 | Completed | Generating Revenue | |
| 5. Early Stage VC | 22-Aug-2018 | 00.00 | 00.00 | Completed | Generating Revenue | |
| 4. Grant | 01-Jan-2016 | Completed | Generating Revenue | |||
| 3. Grant | 01-Jan-2014 | 00000 | Completed | Generating Revenue | ||
| 2. Grant | 26-Sep-2013 | $50K | Completed | Generating Revenue | ||
| 1. Seed Round | 01-Jan-2013 | Completed | Startup |
CleanFiber Competitors (9)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Nu-Wool Co. | Corporation | Jenison, MI | ||||
| 00000000000 | Corporate Backed or Acquired | Malvern, PA | 0000 | 00000000000 | ||
| 000 000 0000000000 | Private Equity-Backed | Cary, NC | 00000 | 000000&0 | ||
| 000000 | Formerly PE-Backed | Herlev, Denmark | 0000 | 000000&0 | ||
| 0000000 | Formerly PE-Backed | Arlington, TX | 00 | 000000&0 |
CleanFiber Investors (23)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Candide Group | Impact Investing | Minority | 000 0000 | 000000 0 | ||
| IFG Capital Management | Asset Manager | Minority | 000 0000 | 000000 0 | ||
| Richmond Capital Partners | Other | Minority | 000 0000 | 000000 0 | ||
| Western New York Venture Association | Not-For-Profit Venture Capital | Minority | 000 0000 | 000000 0 | ||
| WNY Impact Investment Fund | PE/Buyout | Minority | 000 0000 | 000000 0 |
CleanFiber Executive Team (14)
5 Former Executives
You’re viewing 5 of 14 executives. Get the full list »CleanFiber Board Members (5)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Jonathan Strimling | CleanFiber | Co-Founder, Chief Executive Officer & Chairman | 000 0000 | |
| Mark Bernfeld | Self | Board Member | 000 0000 | |
| Mark Brandstein | CleanFiber | Board Member | 000 0000 | |
| Schuyler Lance | SustainVC | Board Member | 000 0000 | |
| Turner Smith | Self | Board Member | 000 0000 |